U.S. natural gas futures were lower ahead of a weekly inventories report in which the market is looking for a below-average increase to further reduce the large supply surplus that’s weighing on prices.
Instructure Holdings said it entered into an agreement to be acquired by investment funds managed by KKR in a all-cash deal valued at about $4.8 billion.
The motorcyle maker’s quarterly sales and earnings came in well above analyst expectations, though retail sales fell and the company’s profit forecast darkened.
American Airlines slashed its earnings outlook for the year, as it grapples with an industry-wide supply glut, as well as repercussions from a strategic misfire that drove away corporate customers and travel agencies.
