Copper Rebounds as Investors Refocus on Tight Supply Next Year

Copper rose — clawing back some of Friday’s steep drop — as investors refocused on prospects for a tighter market next year.

The industrial metal climbed as much as 3.3% on the London Metal Exchange after plummeting 3% in the previous session as a selloff in shares linked to artificial intelligence stoked concern about demand for the metal used in electrical wiring and renewable-energy equipment.