- Top laggard ProShares Ultra Bloomberg Natural Gas giving up $1.72, or 21.88%, so far this session United States Natural Gas Fund LP is having a negative session so far (down 12.04%).
- European markets are in session with varied performances.
A new trading session is underway and markets are up including news that S&P 500 up to 4,069, gaining 0.58%. Nasdaq goes up 0.71%, trading at 11,772.
European markets are currently mixed so far this session. Asia-Pacific markets are up as KOSPI Composite Index rises by 1.26%, reaching 2,462.62.
3Rd quarter earnings season is mostly over, with Marvell Technology Group Ltd and Best Buy Co Inc releasing their earnings reports just this week.
Today's rise takes place amid mixed market indicators — United States Factory Orders released today at 15:00 UTC is better than expected at -1.6% but down from preceding data of 1.7% according to new data.
Furthermore, the market is looking at United States ADP Nonfarm Employment Change (Feb) is expected Wednesday. United States JOLTs Job Openings (Jan) will be released Wednesday. United States Fed Chair Powell testimony scheduled to come out Wednesday.
ProShares Ultra Bloomberg Natural Gas is now trading at $6.14, tumbles 21.88%. United States Natural Gas Fund LP is having a negative session so far (down 12.04%).
United States Natural Gas Fund LP | -12.04% to start today's session
United States Natural Gas Fund, LP is down to $8.69, after ending Friday at $9.88. Overall, a 12.04% loss or $1.19 today.