COMEX copper is attempting recovery following a massive slide in prices, which sank over 20% after the US clarified raw copper forms were excluded from the new tariffs. In early Asian trades, the red metal was quoting at $4.42 per pound, up 1.6% on the day. Mixed cues from equities and dollar strength overseas are however likely to limit gains in the counter. The major averages on the Wall Street finished the day just off their lows of the session. The Nasdaq edged down 7.23 points or less than a tenth of a percent to 21,122.45, the S&P 500 fell 23.51 points or 0.4 percent to 6,339.39 and the Dow slid 330.30 points or 0.7 percent to 44,140.98. On the MCX too, copper futures regain some ground and are trading this morning at Rs 880 per 10 kg.

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