Copper Falls on AI Pressure Before Fed Meeting

Copper prices continued their decline, falling as much as 0.6% in London on Monday. The metal, crucial for data centers and power infrastructure, is under pressure amid broader concerns about the AI sector. Investors are increasingly wary of the sector's sustainability, which has weighed on risk appetite ahead of the Federal Reserve's upcoming meeting. The decline follows a second consecutive week of losses, signaling growing uncertainty in markets. The Fed's decisions will likely influence global interest rates and economic outlooks, adding to the volatility. Analysts suggest the AI sector's struggles could have wider implications for tech stocks and overall market sentiment.