Global marketsUpdated 2h ago

Copper heads for a fifth straight weekly loss.

Friday brought copper a slight lift after a sharp selloff in the previous session. But the rebound has not changed the week's outlook: copper remained on track for a fifth straight weekly loss. If it closes that way, it would be the longest losing run in nearly two years. The slide comes amid upheaval in the AI industry, including Nvidia-related unease, and growing expectations of further U.S. interest-rate hikes. One modest up day is little comfort with the week still pointing lower.

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