Summary Box: Metals fall on jobs, factory reports

AP News
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Posted: May 02, 2012 3:38 PM
Summary Box: Metals fall on jobs, factory reports

DOWN, DOWN, DOWN: Prices for copper and other metals fell on discouraging reports about jobs and factory production. Oil, wheat, corn and soybeans also fell.

BY THE NUMBERS: Payroll company ADP said that private sector businesses in the U.S. added jobs at a slower pace last month. Demand for U.S. factory goods fell 1.5 percent in March. The unemployment rate across the 17 countries that use the euro rose to 10.9 percent last month.

WHAT'S NEXT: Investors are awaiting the government's report on U.S. jobs, which is due out Friday.