US Philadelphia Fed Manufacturing Index (Feb) 16.3 vs. Exp. 8.5 (Prev. 12.6, Low. 5, High. 16)

The US Philadelphia Fed Manufacturing Index came in at 16.3 for February, significantly above expectations of 8.5, suggesting stronger regional manufacturing activity than anticipated.

Newsquawk StaffPublished On the live feed at 3 more headlines followed before this page went public
Newsquawk headlinesUTC

The US is sending 6 Airborne Warning and Control System (AWACS) planes to the Middle East, out of the 16 aircraft in the US military, Israeli N12 reports

Morgan Stanley (MS) slashes fees in half for trading private shares, Bloomberg reports

US Philadelphia Fed Manufacturing Index (Feb) 16.3 vs. Exp. 8.5 (Prev. 12.6, Low. 5, High. 16)

Leidos Holdings (LDOS) files for 3yr and 10yr corporate bond issuance

Walmart (WMT) CFO says it is important to start the year with conservative guidance, according to a conference call

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This positive surprise may signal improving economic momentum, potentially influencing the Federal Reserve's policy outlook regarding interest rates and reinforcing the case for a continued hawkish stance in the face of inflation concerns.

Related headlines

The whole workspace, free to try.

Try it free