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Stocks Inch Lower, Natural Gas Soars as Cold Weather Forecast Emerges

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Stocks closed slightly down on Monday, with all three major averages still well ahead for the year. Meanwhile, natural gas prices surged following a report that January could see colder temperatures on the East Coast and around the Great Lakes. A separate report revealed a state-sponsored Chinese hacking operation targeting the U.S. Treasury Department in December.

Streaming 24/7: Watch NBC 5 local news and weather for free wherever you areIt's the final trading day of 2024, and stocks have been stumbling into the year-end. The major indexes were each down about 1% Monday on thin trading. But with one trading session to go, all three averages are well ahead on the year, with the. The Nasdaq exchange will likewise close trading on that Thursday, and trading on the bond market will end at 2 p.m. ET.

The plane makes up 17% of the global in-service commercial passenger jet fleet, according to data firm Cirium, with nearly 4,400 aircraft in operation. The 737-800 also has a strong safety record and an average age of 13 years, which experts say makes it unlikely that investigators will find a design flaw in the long-flying aircraft.hit a 52-week high Monday, up more than 15% during the session, after a report by The Weather Co. and Atmospheric G2 that said January could be colder than usual on the East Coast and around the Great Lakes.'We are talking bone-chilling polar vortex weather, which has caused this spike in natural gas,' said John Kilduff of Again Capital.A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023.. In a letter addressed to members of Congress and seen by NBC News, Aditi Hardikar, the assistant secretary for management of the U.S. Department of the Treasury, said the department was made aware of a state-sponsored Chinese hacking operation on Dec. 8. A Treasury spokesperson said there is no evidence that the foreign actor still has access to Treasury systems. Still, the department is calling it'a major incident.' China denies the allegations.– CNBC's Samantha Subin, John Melloy, Leslie Josephs and Sean Conlon, and NBC News' Kalhan Rosenblatt and Brian Cheung contributed to this report

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