Category Archives: NAA News

Natural Gas Retreats as Milder Weather to Follow Winter Storm

Natural gas futures retreated in New York on speculation that a winter storm in the East this week will give way to milder weather that will reduce demand for the heating fuel. Gas fell less than 1 percent as MDA Weather Services predicted a warm-up will spread above-normal temperatures across most of the lower 48 states from Feb. 17 through Feb. 21. A government report tomorrow will probably show a supply drop for last week that exceeded the five-year average by 43 percent, according to Read more

Is the correction over?

After a rough start to the year, are U.S. stock indexes back on track, meaning the correction over? On Thursday, Jan. 23, the stock market began its descent from nearly record-high levels. January's "flash" manufacturing PMI reports from Markit Economics revealed some uncomfortable data. In the United States, the flash Manufacturing PMI reading fell to 53.7 from December's 55.0, for the first decline since October. The big shock came when the HSBC Flash China Manufacturing PMI for January dropped into the range of contraction, hitting a...
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