US Richmond Fed Manufacturing Shipments Index (Jan) -5 (Prev. -11)
The US Richmond Fed Manufacturing Shipments Index showing a rise to -5 from -11 indicates a slight improvement in manufacturing sentiment, although still in negative territory.
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 Shipments Index (Jan) -5 (Prev. -11)
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 shift, while not a definitive positive, may suggest stabilization in the manufacturing sector, which could impact Fed policy discussions if this trend continues. Traders should watch for potential implications on risk sentiment and the USD as the data is digested.
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