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The price of natural gas is up 176% since its 2024 intra-day low reached in mid-February and up about 90% since its early August lows.

"It's not just the Fed, but Donald Trump's trade and fiscal posture have also scared investors away from extending duration," David Rosenberg wrote.

Boeing shares were down as much as 6% Monday morning. Authorities in Korea believe a bird strike could have been a factor in the fatal crash.

Pennsylvania Governor Josh Shapiro filed a complaint with a federal energy regulator against PJM Interconnection on Monday, arguing that the largest U.S. power grid operator must change its market rules or risk soaring electricity costs. PJM Interconnection, which runs the electrical grid covering more than 65 million Americans across parts of 13 states from Illinois to New Jersey, has faced increased public scrutiny since July, when it said its annual capacity auction would result in record-high payments to power plants in its system. "It is difficult to escape the conclusion that PJM's capacity market is currently failing," Shapiro, a Democrat, and the Commonwealth of Pennsylvania said in the complaint filed with the Federal Energy Regulatory Commission.

The amount of credit card debt written off through the first three quarters of 2024 reached $45.7 billion, up 46% from the same period a year ago.

According to Fairlead Strategies founder Katie Stockton, the recent weakness in the stock market flashed a technical "sell" signal.

Stocks moved lower on Monday morning as the market slumped to end 2024.