5 things to know before the stock market opens Tuesday

5 things to know before the stock market opens Tuesday

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Dutch front-month prices rose by 5.6% after Royal Dutch Shell Plc canceled several liquefied natural gas shipments after an outage in Australia, which will increase global competition for spot cargoes. The traders are waiting to see if the Nord Stream 2 pipeline from Russia to Germany will face more U.S. sanctions and other delays because of a political spat over Ukraine.

A senior American administration official said on Tuesday that U.S. President Joe Biden will use a video call with Russian President Vladimir Putin to warn Moscow against invading Ukraine or risk severe economic penalties. Biden spoke to European leaders about the Russian military build-up on Ukraine's borders, according to the White House.

Dutch gas was trading as high as 95 euro a megawatt-hour by 8: 47 a.m. in Amsterdam. The contract has retreated from a record 162 euro in October but analysts and traders expect prices to remain high through the winter as the continent's gas inventories are at their lowest in more than a decade. None The Fall of a Russian Cyberexecutive Who Went Against the Kremlin