S&P futures vs fair value: -12.00. Nasdaq futures vs fair...
S&P futures vs fair value: -12.00. Nasdaq futures vs fair value: -48.00.
The S&P 500 futures are down 11 points and are trading 0.2% below fair value. The Nasdaq 100 futures are down 48 points and are trading 0.3% below fair value. The Dow Jones Industrial Average futures are down 46 points and are trading 0.1% below fair value.
Equity indices in the Asia-Pacific region ended Tuesday on a mixed note. Japanese officials pushed back on yesterday's interpretation of Bank of Japan Governor Ueda's remarks, stressing that there is only a chance of exiting the negative rate regime this year. Property names in Hong Kong outperformed after Country Garden announced the restructuring of some of its debt. South Korea's President Yoon will look to organize a summit with Japan and China.
Benchmark U.S. crude oil for October delivery fell 22 cents to $87.29 a barrel Monday. Brent crudefor November delivery fell 1 cent to $90.64 a barrel.
Wholesale gasolinefor October delivery rose 7 centsto $2.72 a gallon. October heating oilrose 6 centsto $3.36 a gallon. October natural gaswas unchanged at $2.61 per 1,000 cubic feet.
U.S. stocks finish higher as Tesla propels S&P 500; Dow rises third straight day
U.S. stocks closed higher Monday, with Tesla...
U.S. stocks closed higher Monday, with Tesla Inc. TSLA fueling the S&P 500 index’s gains while the Dow Jones Industrial Average rose for a third straight day. The S&P 500 SPX gained 0.7%, while the Dow DJIA ended 0.3% higher and the Nasdaq Composite COMP climbed 1.1%. The S&P 500’s consumer-discretionary sector, which includes electric-car maker Tesla, was the best-performing of the index’s 11 sectors on Monday with a sharp rise of around 2.8%. The S&P 500 and technology-heavy Nasdaq each booked back-to-back gains.
European Gas Extends Rally on Risks From Australia to Norway
(Bloomberg) -- European natural gas prices rose for a third straight session as strikes continue at key...
(Bloomberg) -- European natural gas prices rose for a third straight session as strikes continue at key export sites in Australia and Norway struggles to exit lengthy maintenance measures.
Benchmark futures gained as much as 9.8% on Monday after workers began partial strikes late last week, threatening operations that supplied about 7% of the world’s liquefied natural gas in 2022. Chevron Corp., which operates the affected facilities, has applied to a labor regulator to help resolve its dispute with unions.
US adds 6.4 GW of small-scale solar capacity in 2022, EIA says
(Reuters) - The U.S. is estimated to have added 6.4 gigawatts...
(Reuters) - The U.S. is estimated to have added 6.4 gigawatts (GW) of small-scale solar capacity in 2022, the most ever in a single year, the U.S. Energy Information Administration (EIA) said on Monday.
The capacity of small-scale solar increased from 7.3 GW in 2014, to 39.5 GW by 2022, the statistical arm of the U.S. Department of Energy said.
Small-scale solar - also called distributed solar or rooftop solar, refers to solar-power systems with 1 megawatt (MW) of capacity or less, and accounted for about one-third of the nation's total solar capacity.