US MIDDAY: copper flat

14 Jul, 2011

Copper ended flat on Wednesday, failing to build on an earlier rally sparked by indications that the Federal Reserve was ready to stimulate the world's largest economy further, if needed. In New York, the key September COMEX contract managed to settle up 1.20 cents at $4.4035 per lb, but also pulled back from a session high at $4.4390, as investors mulled the potential impact of further economic stimulus.

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