Copper Futures Drops Most in a Month on Signals U.S. Demand May Decline

(Bloomberg) -- Copper dropped the most in a month in
New York on speculation that an economic slowdown in the U.S.,
the world's second-largest consumer of the metal, will reduce
demand.

Growth in U.S. service industries slowed more than forecast
in July, and U.S. employers added fewer jobs than projected last
month, reports showed today. Copper, which sometimes moves in
tandem with economic expansion, headed for the second straight
weekly decline on concern that losses in equity markets may
spread to commodities.


Read more at Bloomberg Commodities News