Northeast Heat Wave Sends UNG Soaring
Tuesday, July 6th, 2010Michael Johnston submits:
Traders returning to work after a long Fourth of July weekend have been greeted by scorching temperatures across much of the Northeast, with the National Weather Service even advising that the early July heat wave could produce “a dangerous situation.” An excessive heat advisory went into effect for a handful of Northeastern cities on Monday, and is expected to remain in place for several days as high humidity levels and triple digit temperatures blast the region. Highs in New York City were expected to range from 100 to 102 degrees on Tuesday, prompting the city to set up “cooling stations” offering refuge from the heat.
Other major US cities are also under siege from skyrocketing temperatures; Philadelphia, Washington, and Baltimore are all under heat advisories, as are large areas of New Jersey, northern Virginia, and New Jersey.
