Oversupply Extends Selloff

its chance, of the story’s futures

0.0%on the S&P 500, if it happens

Record or near-record U.S. dry gas production, strong Permian associated gas flows, and above-normal storage keep pressure on Henry Hub futures. El Niño forecasts continue to lower expectations for heating demand into November and December.

What it moves

Energy−0.7%
Utilities+0.5%
Non-Energy Materials+0.3%

Sectors in percent; other series by direction only.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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