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Copper Hits One-Week High

The Buckle (BKE) was rising 1.1% to $40.92, Urban Outfitters (URBN) was adding 2.5% to $31.45, The Wet Seal ( WTSLA ) was gaining 4.1% to $4.53 and Pacific Sunwear of California (PSUN) was popping 2.8% to $3.74.

Limited Brands (LTD) was adding 0.9% to $34.80, Abercrombie & Fitch (ANF) was gaining 2.9% to $67.45, Zumiez (ZUMZ) was popping 3.7% to $28.43 and Aeropostale (ARO) was rising 3% to $25.79.

U.S. banking giant Citigroup (C) is planning to bolster its commodity team by one-third over the next two years to profit from the gains in copper, gold and cotton, according to a Bloomberg report.

Wheat for May delivery was rising 0.2% to $7.88 a bushel on global weather concerns.

"Once we get through this week's USDA (U.S. Department of Agriculture) report, the market will shift its focus wholly to weather for not only wheat but corn and beans as planting season gets under way," a Benson Quinn Commodities report said.

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COPX $7.60 0.00%
FCX $20.82 0.00%
JJC $32.88 0.00%
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