This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Copper Hits One-Week High

Shares of Freeport were rising 2.5% to $58; Southern Copper (SCCO - Get Report) was 1.3% higher at $41.03. Copper miner Taseko Mines (TGB - Get Report) was up 0.8% to $5.99.

Meir said a rate increase coming out the European Central Bank by Thursday could set the markets back, though the move would likely be shrugged off by the markets as easily as the markets did with the recent Chinese fiscal tightening, he said.

Copper fabricator Encore Wire (WIRE - Get Report) was up 0.9% to $26.45, while fabricator Lihua International (LIWA) was down 1.7% to $8.72.

(Published at 9:49 am)

Cotton was popping by the daily exchange limit of 7 cents, or 3.5%, to $2.08 a pound, spurred by expectations of delayed harvests in Australia.

Reports say that cotton gathering in the various cotton growing regions of Australia have been delayed by wet weather.

In March, Australia's Bureau of Meteorology said the cotton-growing regions of Australia may experience more rain than usual in April and May.

"Follow-through buying today on technical considerations in May and July, and a combination of strong technicals, and a developing bullish fundamental story for December," were allowing cotton to rally, said veteran cotton industry analyst Mike Stevens.

Apparel companies were trading in positive territory.
6 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
COPX $16.15 -5.28%
JJC $25.53 -2.30%
LIWA $0.01 91.80%
FCX $12.01 -11.37%
SCCO $28.91 -2.10%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs