ProShares' stock price drops due to reports that the US may lift some tariffs

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Investing.com – Prysmian’s stock price in Italy continued to decline on Friday, following reports that Donald Trump may cancel some tariffs on aluminum and metal commodities.

This news also affected global aluminum prices, with Shanghai Futures Exchange aluminum contracts falling 1.76%, closing at 23,195 yuan RMB ($3,355.27) per ton during daytime trading.

The three-month benchmark price of aluminum on the London Metal Exchange also declined, dropping 1.18% to $3,063.50 per ton.

This potential policy shift was initially reported by The Financial Times, triggering reactions in metal-related stocks and commodity markets.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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