METALS-Copper soars after US housing data, dollar weakens - Reuters

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Share this * Zinc stocks jump above 800,000 T, first time since 1995 * Aluminium hits 2-1/2-year high on input costs * Copper surges to one-week high * U.S. existing home sales rise, stocks jump (Updates prices, comments; rewrites throughout, changes...

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NEW YORK/LONDON, April 20 (Reuters) - Copper rose to its highest in a week on Wednesday after the U.S. housing market showed more signs of revival, strong earnings boosted U.S. equities and the dollar hit a 15-month low against the euro.

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In New York, May copper futures HGK1 rallied 2.60 percent to $4.3395 per lb, an 11-cent increase. Earlier, they hit a one-week high at $4.3480 a lb.

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METALS-Copper soars after US housing data, dollar weakens - Reuters

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