Markets

Copper ETPs Plunge on Weakening Global Outlook

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Copper-related exchange traded products plunged Wednesday, with the copper metal set to dip into bear-market territory, as concerns over a global economic slowdown weighed on the demand outlook. On Wednesday, the iPath Bloomberg Copper Subindex Total Return ETN (NYSEArca: JJCTF) declined 5.2%, United States Copper Index Fund (NYSEARCA: CPER) fell 3.9% and iPath Bloomberg Copper [...] Read more on ETFtrends.com.

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This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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