Metals Mixed After Initial Boost From Fed’s Half-Point Rate Cut

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Metals Mixed After Initial Boost From Fed’s Half-Point Rate Cut
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(Bloomberg) -- Copper traded near its highest close in three weeks and other metals were mixed as investors digested the Federal Reserve’s bid to defend US...

-- Copper traded near its highest close in three weeks and other metals were mixed as investors digested the Federal Reserve’s bid to defend US growth and the labor market with a half-point rate-cut.Pipe Fire Near Houston Forces Residents to Evacuate

The half-point cut is “beneficial to expectations for a soft landing in the US,” Everbright Futures Co. said in a note, adding that fundamentals for copper were gradually improving. “However, the instability of the US stock market performance is also affecting market sentiment.” “The increase in the medium-term outlook for rates should come as a positive, with metals highly sensitive to factory activity and overall economic growth,” ANZ Group Holdings said in a note.BALTIMORE — Mike Yastrzemski homered on the game's first pitch, Michael Conforto also hit a solo shot and the San Francisco Giants beat the sinking Baltimore Orioles 5-3 Wednesday night.ST. LOUIS — Jordan Walker hit a bases-loaded double to highlight a six-run seventh inning, lifting the St.

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