Markets got a boost from better than expected readings on U.S. industrial production and nonfarm business productivity which, along with a weaker dollar, helped push the DJ-UBS Commodity Futures Index 0.4% higher this morning. In London, LME official 3-mo. asking prices were higher for copper ($7,310/mt = $3.316/lb.) and nickel ($14,140/mt = $6.41/lb.), although aluminum eased to $1,791/mt (=81.2 cents/lb.). In New York, COMEX Mar copper was up around $3.329/lb. late this morning while gold and crude oil futures firmed to around $1,248/to and over $97/bbl, respectively. On Wall Street, the Dow Industrials were up over 0.9% in late morning trading as the Nasdaq and S&P 500 each advanced over 0.7%, while in foreign exchange trading the dollar weakened to $1.376 against the Euro and less than 103 Japanese Yen…
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