Glencore stock jumps near 52-week high as copper rallies; January production report in focus
Glencore shares rose 2.6% to 419.3 pence in early London trading, nearing a 52-week high, as copper futures jumped over 3%. Rio Tinto and Anglo American also advanced. Markets tracked U.S. payrolls data due Friday and Glencore’s Jan. 29 production update. Spot gold gained 2.2% after the U.S. captured Venezuelan President Nicolas Maduro.