Copper rally stalls, mining stocks tumble as Trump euphoria wanes

New York

COPPER surrendered its biggest gain in seven years and gold, silver and mining stocks tumbled as investors reassess the consequences of Donald Trump's stimulus plans.

Mr Trump's election victory last week ignited a frenzy of buying in industrial metals. But on Friday, traders switched course as an equities rally stalled and the dollar gained amid speculation over how his policies will affect the economy and monetary policy.