The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row

The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.

wallstreetcn19:15 ET

Copper Prices Plunge as Profit-taking Follows Run to Record Highs

Seeking Alpha12:57 ET

Qualcomm, American Express And 2 Other Stocks Insiders Are Selling

The Nasdaq 100 closed higher by around 0.2% on Tuesday. Investors, meanwhile, focused on some notable insider trades.When insiders sell shares, it could be a preplanned sale, or could indicate their c

BenzingaMay 22 08:20 ET

3 Stocks To Watch As Copper Surges To Record Highs: 'Something Is Cooking In China'

Copper prices continue to reach new record highs daily, soaring to $5.17 per pound on Tuesday, driven by improving market conditions. The metal has surged over 30% year to date, setting the stage for

BenzingaMay 21 11:12 ET

Metals Acquisition Analyst Ratings

Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/21/2024 -15.13% BMO Capital $13 → $12 Downgrades Outperform → Market Perform 03/04/2024 2.55% Scotiaban

BenzingaMay 21 05:22 ET

Silver, Gold, And Copper Breakout, Wall Street's Last Bear Throws In The Towel

To gain an edge, this is what you need to know today. Metals Break Out Please click here for an enlarged chart of silver ETF iShares Silver Trust (NYSE:SLV). Note the following: The chart is a monthl

BenzingaMay 20 11:00 ET