Published On: Wed, Dec 27th, 2017

Stock futures edge higher in quiet holiday trading

Global stocksU.S. stock futures edged higher on Wednesday, tracking global equities, which were buoyed by a surge in commodity prices.

Prices of copper, a metal widely used in power and construction, leapt to three-and-a-half-year highs after latest data from China showed a jump in imports of the metal, boosting expectations of stronger demand from the top consumer.

U.S. crude CLC1 was trading slightly below $60 per barrel, a level it had last crossed in late-2015, after news of an explosion on a Libyan crude pipeline and voluntary OPEC-led supply cuts.

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