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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

US Natgas Prices Pull Back, Still Set for Historic Week

US natural gas futures fell more than 3% to $4.82 per MMBtu, pulling back after a record-breaking three-day rally that saw prices surge about 63%, as traders reassessed positioning ahead of a historic winter storm. Prices remained on track for their largest weekly gain on record, up more than 55% based on data going back to 1990. Forecasts for widespread below-normal temperatures across most of the US are expected to sharply lift heating demand and accelerate storage withdrawals. The developing freeze, particularly across southern gas-producing regions, has raised concerns that ice could form inside pipelines, disrupting production and exports. The latest storage report showed inventories fell by 120 billion cubic feet to 3.065 trillion cubic feet, a larger draw than estimates but still below the five year average, leaving stockpiles 6.1% above normal. Analysts expect the next report to show a far larger withdrawal as the cold intensifies.

Today Markets

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