US Industrial Production MoM (Dec) M/M 0.4% vs. Exp. 0.1% (Prev. 0.4%, Rev. 0.2%)
The December US Industrial Production reading of +0.4% significantly beats expectations of +0.1%, while the previous month was revised upward.
CPC raises oil exports to record-high 70.5mln T in 2025 (prev. 63mln T in 2024) and exports via CPC declined to 3.98mln T in December (prev. 5.09mln T in Nov), via source reports
Paychex (PAYX) announces USD 1bln stock repurchases authorisation and declares quarterly dividend
US Industrial Production MoM (Dec) M/M 0.4% vs. Exp. 0.1% (Prev. 0.4%, Rev. 0.2%)
China's Commerce Minister says China and Canada have agreed to resolve economic and trade concerns
DoorDash (DASH) Chief Revenue Officer to step down, according to reports
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This indicates stronger-than-anticipated manufacturing activity, which could signal resilience in the economy and may influence Fed policy considerations regarding growth and inflation.
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