US Richmond Fed Manufacturing Index (Jan) -6 vs. Exp. -8 (Prev. -7)
The US Richmond Fed Manufacturing Index came in at -6, beating expectations of -8 and showing a slight improvement from the previous reading of -7.
Northrop Grumman (NOC) executive says the current plan is not to conduct additional buybacks once January concludes
US CB Consumer Confidence (Jan) 84.5 vs exp. 90.9 (prev. 89.1)
US Richmond Fed Manufacturing Index (Jan) -6 vs. Exp. -8 (Prev. -7)
Amazon (AMZN) to close Amazon Go and Amazon Fresh physical stores; now planning to invest in opening more than 100 new whole foods market stores over the next few years
US EQUITY OPEN: Indices mixed as UNH weighs on DJI, while NDX outperforms as traders await tomorrow's Fed & Mag-7 earnings
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This could suggest a modest stabilization in manufacturing activity, and while it doesn't fundamentally shift the outlook, it may contribute to a slightly more positive sentiment about the economic backdrop, impacting policy discussions at the Fed.
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