US Industrial Production MoM (Jan) M/M 0.7% vs. Exp. 0.4% (Prev. 0.2%, Rev. From 0.4%, Low. -0.2%, High. 0.6%)
The strong US Industrial Production print of 0.7% for January, beating expectations of 0.4%, suggests a more resilient manufacturing sector than previously thought.
India imported 1.1mln BPD of Russian oil in January, reportedly the lowest level since November 2022
Trian Fund Management Nelson Peltz's says Wendy's (WEN) shares are undervalued, he has spoken with financing sources and strategic partners regarding a potential deal for parties, according to Street Insider
US Industrial Production MoM (Jan) M/M 0.7% vs. Exp. 0.4% (Prev. 0.2%, Rev. From 0.4%, Low. -0.2%, High. 0.6%)
Starbucks (SBUX) investor group gears up for board fight over backsliding labour relations, Business Insider reports
The Trump administration is rescinding energy department rules that incentivise EV production to meet fuel economy requirements
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This outperformance could prompt market participants to reassess growth outlooks and Federal Reserve policy, particularly if it signals a continuation of upward momentum in industrial activity.
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