MW: Copper slumps as company earnings fuel economic worries
Copper futures slumped Tuesday in New York for a second session, as gloomy earnings reports from DuPont and Caterpillar Inc. fueled fears that the economic crisis is worsening, reducing demand for the critical industrial metal. Gold rose for a second session. May copper fell 7.6 cents, or 3.6%, to $2.0275 a pound in early North American electronic trading. June gold rose $3.30, or 0.4%, to $890.30.
