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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

U.S. Natgas Prices Climb Further

US natural gas futures rose further to $3.36 per MMBtu, the highest level since early February, amid expectations of stronger demand over the next two weeks. Forecasts indicate mostly above-normal temperatures through June 13, increasing the likelihood that power generators will consume more gas to meet rising air-conditioning demand. Additional support came from the latest EIA report, which showed a smaller-than-expected increase in gas storage inventories. On the supply side, gas production in the Lower 48 states averaged 109.4 billion bcfd in May, down from 109.8 bcfd in April, providing further upward pressure on prices. Meanwhile, flows to major LNG export plants fell from a monthly record high of 18.8 bcfd in April to 17.1 bcfd so far in May due to seasonal maintenance at several plants. US gas prices rallied 18.9% in May, after a 4.1 % drop in April.

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