Copper prices rose early Monday with a wide range of commodities and equities in response to a move by euro zone officials over the weekend to develop a rescue plan aimed at averting debt contagion on the continent.
Recently, copper for July delivery rose 9.1 cents, or 2.89%, to $3.235 a pound on the Comex division of the New York Mercantile Exchange.
"The bailout package in Europe and the effect it is having on the dollar is helping to bolster copper," said Catherine Virga, base-metals analyst with CPM Group in New York.
Worries about debt in Greece and other European ...
