Copper Advances as Mideast Tensions Ease and Stocks Climb (opens original article in a new tab)

Copper prices rose as Middle East tensions eased and stocks climbed, with additional support from China's data center investments. Other metals showed mixed performance, while concerns about US interest rates and AI stock risks affected market dynamics.

• Copper rose 1% to $13,755.50 a ton on the London Metal Exchange.
• China plans to invest 2 trillion yuan in data centers, boosting copper demand.
• Zinc and tin increased, while aluminum dropped 0.8% due to Chinese exports.
• Expectations of US rate hikes and AI stock risks led some investors to exit the market.