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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
MarketsNATGAS

Deep Freeze Drives Historic Surge in US Natgas Prices

US natural gas futures surged past $5.3 per MMBtu, approaching levels last seen in December 2022, as extreme cold forecasts boosted demand expectations and raised supply risks. Temperatures are projected to remain mostly below normal through February 5, with the coldest period expected around January 24 to 27. Average US temperatures are forecast near 21.8 degrees Fahrenheit on January 24 and to stay in the low 20s through January 26, driving heating demand toward near record levels. A severe winter storm is expected to affect roughly two-thirds of the country, increasing residential and commercial consumption and raising the risk of inventory drawdowns. At the same time, output is around a three-month low, with part of this week’s production decline linked to freeze-offs, particularly in southern regions. US natural gas futures are on track for a weekly gain of more than 70%, the largest increase in records dating back to 1990.

Today Markets

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