Bloomberg Citigroup Inc strategist Scott Chronert gave up on what had appeared to be a too conservative market view after US stocks rounded out a third year of monster gains. Chronert increased his year-end target for the S&P 500 to 5,100 from 4,900, citing an earnings expansion that could last for at least two more years. While keeping his …

  Bloomberg The US was the world’s biggest exporter of liquefied natural gas last month for the first time ever, as projects ramped up production and deliveries surged to energy-starved Europe. Output from American facilities edged above Qatar in December due largely to a jump in exports from the Sabine Pass and Freeport facilities, according to ship-tracking data compiled by …

  Bloomberg Thousands of US flight cancellations cascaded into the first workday of the new year as ongoing Covid-19 issues among airline workers were compounded by winter storms hitting the northeast. More than 2,830 flights were canceled as of 2 p.m. New York time on Monday, according to data tracker FlightAware.com, the highest daily total in more than a month. …