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Futures Fade Overnight Gains As Attention Turns To Kevin Warsh's First Fed Decision
Futures Fade Overnight Gains As Attention Turns To Kevin Warsh's First Fed Decision
US futures are attempting to bounce back from yesterday’s losses on Wall Street led by Tech. As of 8:00am ET, Nasdaq 100 futures lead the charge, with gains of 0.5% versus 0.1% for the S&P 500 future, although both are off session highs. SpaceX’s post-IPO surge continues, with shares adding another 3% in the pre-market while Mag 7 are mixed: NVDA is up 0.4%, while GOOGL is down 0.5%. The Stoxx 600 is up 0.2%, while the MSCI APAC Index gained...
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US NatGas Futs Sink To Four-Month Low As Mid-Atlantic Exits Brutal Winter
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US natural gas futures tumbled to a four-month low early Monday as weather models indicate the Lower 48 is exiting the peak of the Northern Hemisphere winter and entering a much-needed warmup. For the Mid-Atlantic and Northeast, which experienced some of the coldest weather in decades, the next few weeks are expected to feel more like spring.
March contracts fell 7.5% to about $3 per mmBtu, the lowest level since October 17 and a roughly four-month low.
Weather forecasts...
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