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metals

Many small investors have recently piled into commodities, especially copper, on the assumption that ever-growing demand from developing countries would keep sending prices skyward. Now they are learning a drop in demand is also possible, and prices have been plummeting.
In Asia Tuesday Hong Kong's Hang Seng Index advanced 0.8% to 23,428 and China's Shanghai Composite Index rose 0.7% to 2,876. In Japan the Nikkei 225 Index slid 0.3% to 10,141.
A building boom -- and the constrained supply of materials due to mandated energy cuts -- sent Chinese cement, metal and building-equipment stocks up Thursday. Meanwhile, Hong Kong and Japanese exporters benefited from improving consumer sentiment and falling unemployment in the U.S.
Political upsets in Peruvian regional elections could indicate a national shift to the left -- and some business leaders worry that could discourage foreign investment in the country, which has rich natural resources such as oil, gas and gold.
Gold prices hit a record high Tuesday and may reach a record $1,300 an ounce later this year as investors fearing debt crises and potential inflation from interest rate cuts may put more of their money into the precious metal.
The coal lobby got a well-deserved kick in the pants yesterday when the U.S. Geological Service released study results showing shockingly widespread mercury contamination in freshwater fish. The USGS netted fish from 291 streams across the country, in the largest study of its kind to date, and the...
In their earnings release yesterday,Caterpillar (CAT) offered insight into the demand mining companies had for their heavy equipment. After reporting that results beat estimates, the company said that gold miners were "cautiously optimistic," but that copper miners are showing "significant caution"...

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.09-0.10
-1.16%
144.54M
ALU
Alcatel-Lucent (ADR)
2.19+0.25
+12.63%
92.86M
PBR
Petroleo Brasileiro S.A. (ADR)
29.64-2.35
-7.35%
23.01M
GE
General Electric Company
18.82-0.32
-1.65%
22.24M

% Gainers

CIE
Cobalt International Energy
32.67 +8.77
+36.69%
11.64M
LNKD
LinkedIn Corp.
89.23 +12.84
+16.81%
7.21M
ALU
Alcatel-Lucent (ADR)
2.19 +0.25
+12.63%
92.86M
WNS
WNS (Holdings) Limited (ADR)
10.56 +1.16
+12.34%
2.63M

% Losers

NBG-A
National Bank of Greece SA (ADR)
5.74-1.01
-14.96%
72,615
KV-A
K V Pharmaceutical Co. Class A
2.22-0.39
-14.94%
914,345
OSG
Overseas Shipholding Group, Inc.
10.26-1.57
-13.27%
1.16M
KV-B
K-V Pharmaceutical Co. Class B
2.29-0.34
-12.93%
2,179
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