Stocks @ Night: Nat Gas Surge, Apple Pullback

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FINANCE,NATURAL GAS,ENERGY

CNBC TV's 'Stocks @ Night' newsletter examines the day's market trends, including a surge in natural gas prices due to a frigid forecast and a pullback in Apple shares. The newsletter also highlights key issues for Apple in the coming year.

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and a last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as stocks closed lower on Monday and what will be on the radar as the final trading session of 2024 gets underway on Tuesday. Nat gas surges on frigid forecast The commodity was up as much as 20% on Monday, ahead of what many think will be a serious cold snap next week.

The Weather Co.'s Dan Leonard — I like to call him 'Wall Street's Weather Man' — said the Southeast and Midwest will be hit hardest. He believes Texas and Oklahoma will be right on the border of a major freeze. (You'll recall Texas fared very poorly in 2021 during a deep freeze.) Power prices, according to Leonard, are also a major focal point of traders right now, with both power prices and natural gas very volatile at the moment. Europe is also an area of some concern after Gazprom said it would cut off supplies to Moldova starting Wednesday, but the experts say today's jump was pretty much due to weather concerns in the U.S. Nat gas stocks rally Antero Resources picked up 6.7% today. The stock is 2% from its June high. EQT was up 5% today. It is 3% from its Nov. 21 high. Energy Transfer and Cheniere were up slightly more than 1% each. Energy Transfer is 2% from its November high. Cheniere is 7% from its Dec. 5 high. Apple shares pull back AAPL 3M mountain Apple shares over the past three months CNBC TV's Steve Kovach will report on two key issues for Apple in the year ahead: tariffs and Apple Intelligence. The stock fell further from the $4 trillion market cap level on Monday, down 1.3%. The stock closed at $252.20 and needs to get to $264.63 to be the first company to cross $4 trillion in market value. Apple is 3% from last week's hig

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