Warm January Outlook Sends Natural Gas ETFs Reeling

Natural gas commodity-related exchange traded funds plunged Tuesday, with natgas futures experiencing their worst day in almost two years, on forecasts of a mild January ahead, sapping the outlook on heating demand. On Tuesday, the United States Natural Gas Fund (NYSEArca: UNG) fell 10.9% and the iPath Bloomberg Natural Gas Subindex Total Return ETN (NYSEArca:…Click to read more at ETFtrends.com.