---
title: "Weekly Recap | PDBC.US +4.1%, copper hits record high"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298786065.md"
description: "PDBC.US closed at $19.79, up 4.1% for the week, while the S&P 500 fell 0.8% over the same period, putting the fund about 4.9 percentage points ahead. Trading started quietly on Tuesday with a close at $19.30, then climbed through Wednesday and Thursday, reaching a weekly high of $20.06 on Thursday before easing slightly to $19.79 on Friday. A midweek report that copper hit a record high as supply thinned outside the US provided a supportive backdrop for commodities."
datetime: "2026-09-12T04:45:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298786065.md)
  - [en](https://longbridge.com/en/news/298786065.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298786065.md)
generator: "portal-rs"
---

# Weekly Recap | PDBC.US +4.1%, copper hits record high

## The Week

PDBC.US closed at $19.79, up 4.1% for the week, while the S&P 500 fell 0.8% over the same period, putting the fund about 4.9 percentage points ahead. Trading started quietly on Tuesday with a close at $19.30, then climbed through Wednesday and Thursday, reaching a weekly high of $20.06 on Thursday before easing slightly to $19.79 on Friday. A midweek report that copper hit a record high as supply thinned outside the US provided a supportive backdrop for commodities. There were no major catalysts this week.

## The Week Ahead

The macro calendar is busy next week. The US releases the New York Fed manufacturing index on Tuesday, with a prior reading of 20.6 and a forecast of 14.75. Wednesday brings retail sales, retail sales ex-autos, import prices, the NAHB housing market index, and weekly EIA crude oil inventories. Retail sales posted a prior reading of -0.6 with a forecast of 0.9; a stronger print could shift expectations around commodity demand.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

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- [PDBC.US](https://longbridge.com/en/quote/PDBC.US.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**