S&P 500 — US Large Cap Index
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 MarketUS natural gas futures slumped 6.2% to around $3.20 per MMBtu on Monday, extending losses from the previous session and reaching its lowest level in over three weeks, as markets weighed the impact of warmer weather forecasts across broad areas of the country. Above-average temperatures are expected across large swaths of the US, with the central and southern regions experiencing unseasonably warm weather in the coming days, gradually moving eastward. These milder temperatures are likely to suppress demand for heating and power generation, putting downward pressure on gas prices. Market sentiment was further weighed down by recent data from Baker Hughes, which revealed a notable increase in drilling activity in the Haynesville Shale, a major gas-producing region spanning northwest Louisiana and East Texas. The uptick in active rigs raises concerns about future supply. In early Asian trading, futures for March delivery slipped as much as 6.5% to $3.20 per million British thermal units.
