On Friday, commodities remained under pressure while stocks rebounded as reports on U.S. consumer sentiment and retail sales came in below expectations. The DJ-UBS Commodities Future Index was down 0.45% early this afternoon amid weaker prices for gold, oil and most of the base metals. In London, LME 3-mo. copper reportedly last traded at $7,064/mt (=$3.204/lb.), while 3-mo. aluminum eased to $1,795/mt (=81.4 cents/lb.). LME 3-mo. lead and zinc prices also ended the day in negative territory, while nickel and tin posted modest gains. In New York, gold futures dropped as low as $1,304.60/to after having started the week above $1,390/to, while crude oil futures dipped below $108/bbl. On Wall Street, the Dow Industrials, Nasdaq and S&P 500 were all in positive territory this afternoon while in foreign exchange trading the dollar softened to $1.33 vs. the Euro and 99.25 Japanese Yen …
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