JJUB - Copper base metals slammed by COVID-19 resurgence fears
Copper and other base metals fall across the board, weighed by fears of a resurgence in COVID-19 cases and slower global growth that could follow, part of a larger risk-off sentiment across asset classes today.Meanwhile, the dollar hovered near its highest levels in months, making dollar-priced metals more expensive and less appealing to holders of other currencies.London copper (HG1:COM) is now down more than 3% to session lows, with other base metals including aluminum and nickel also in the red.ETFs: [[CPER]], [[COPX]], [[JJCTF]], [[JJC]], [[JJU]], [[JJUB]], [[SLX]]Early decliners among industrial metal mining stocks include [[FCX]] -4.7%, [[SCCO]] -3.1%, [[HBM]] -6.9%, [[TECK]] -7.4%, [[AA]] -5.6%, [[CENX]] -8.8%.Steel stocks are lower too: [[X]] -5%, [[CLF]] -5.9%, [[NUE]] -3.6%, [[MT]] -3.6%, [[STLD]] -4.7%, [[TMST]] -7.3%, [[SCHN]] -7.9%.
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Copper, base metals slammed by COVID-19 resurgence fears