Comstock Resources stock slides nearly 9% as U.S. natural gas futures tumble on warmer forecast shift

Comstock Resources shares fell about 9% on Monday, pressured by a sharp pullback in U.S. natural gas prices. The stock was down $2.19 at $22.16 by 3:15 p.m. ET, after trading as low as $22.05.

Natural gas price stock UNG slides as mild-weather outlook hits U.S. gas futures

Natural gas price stock UNG slides as mild-weather outlook hits U.S. gas futures

Shares of U.S. Natural Gas Fund LP, a natural gas price-tracking exchange-traded fund, fell 46 cents to $11.17 in afternoon trading as U.S. gas futures slipped to fresh multi-month lows. NYMEX February natural gas was last around $3.38 per million British thermal units, down about 14 cents on the day, with chart watchers flagging support near $3.41 and $3.29 and resistance around $3.58. barchart.com

US Stock Market Today Updates

MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

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Times and estimates may change. Verify before trading.