What Sent Natural Gas Prices Plunging?

Stocks managed to eke out
gains while
Treasuries finished lower today.

Equity

The Nasdaq
future
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was up 2.50 1245.50. The S&P 500 contract
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was up 2.90 to close at 987.70, and the Dow
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was up 13
at 9283.

Fixed Income

U.S. Treasuries were significantly lower after a stellar showing
on the July retail sales data.
The 10
year futures contract
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was down -065 to close at 110-100; the 30 year
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was up by -09 to close at 104-26; and the five year note was down by 0-085 at 111-065
(
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.

Metals

August gold
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was up by 3.80 at 366.60. Silver
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was
up by .5 at 503.5. Copper was
up by .65 at 79.85
(
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, and aluminum
(
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was down up by .0050
.6600.

Energy

August crude
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oil was up by .31
to close at 31.09. Natural gas was down .288 to close at 4.891
(
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after national inventories rose higher than expected to 2.188 trillion cubic
feet of gas..

Currencies

The USD index
(
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was higher by .47 to close
at 96.82.