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Summary Box: Copper, silver up on economic report (AP)

INDUSTRIAL GAIN: Copper and silver, two key metals used in manufacturing, rose in the wake of upbeat economic news. Investors are hoping demand will improve as the economy grows stronger.

ENERGY BUZZ: Oil and other energy products inched higher after Congress approved a package of tax cuts and extension of unemployment benefits that will keep more money in the hands of businesses and consumers.

WHAT’S NEXT: Traders are expected to spend the next two weeks assessing their portfolios and selling some contracts at a profit before the new year.

It, Summary Box: Copper, silver up on economic report
(AP)
excerpt from US Economy

Short URL: http://www.usnews9.com/?p=4630

Posted by on Dec 20 2010. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
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