Gloomy jobs data hits U.S. copper ahead of holiday
NEW YORK, July 2 (Reuters) - U.S. copper futures ended lower on Thursday, as a stronger dollar and concerns about economic recovery from weak June U.S. unemployment data weighed on values ahead of the long holiday weekend.
New York commodity markets will be closed Friday in observance of the U.S. July 4 Independence Day holiday. Markets will reopen on Monday.
For detailed report on global copper markets, click on [MET/L]
* Copper for September delivery HGU9 settled down 2.50 cents at $2.3055 a lb on the New York Mercantile Exchange's COMEX division.
* Range from $2.2660 to $2.3440.
* On Wednesday, the benchmark contract rallied to a 2-1/2-week peak at $2.3690.
* COMEX estimated futures volume at 12,653 lots by noon EDT (1600 GMT). Final Wednesday volume 19,363 lots.
* Open interest down 1,167 lots at 103,022 contracts as of July 1.
* U.S. employers cut 467,000 jobs in June, 100,000 more than expected, while the unemployment rate rose to 9.5 percent. [ID:nN01210643] Continued...
One Year Later
Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and ratcheted up tensions with Pakistan. Slideshow | Full Coverage
Liberhan Commission Report
The government published a long awaited report, recently leaked, accusing BJP leaders of a role in the 1992 destruction of the Babri mosque in Ayodhya. Full Article
