Monday Midday Business Report is your weekly market news briefing.
Check out this week's news and key trends:
• Spot copper prices are near $4 per pound
• The Fed’s rate cuts are raising the price of oil
• More buyers report higher steel prices
• Commodities inflation draining budgets for public works
• Private construction down too, but there are bright spots
• Spansion is getting more price competitive
• Growing pains in the semiconductor market
• Freight buyers may face higher costs
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