EQUITY MARKETS

US

S&P500 -0.15%(2,271.31); NASDAQ -0.34% (5,555.3); DJIA -0.29% (19,827.25)

This week’s reports:

January’s Philadelphia Fed Manufacturing Survey rose to 23.6 from December’s +21.5.
January’s NY Empire State Manufacturing Index fell to 6.5 from December’s +9.
December’s CPI rose by 2.1% y/y versus November’s +1.7% y/y. Core CPI rose by 2.2% y/y versus November’s +2.1% y/y.
November’s Business Inventories rose by 0.7% from October’s -0.1%.
December’s Industrial Production rose 0.8% from November’s -0.7%. Capacity Utilization rose to 75.5% from November’s +75.0%
January’s NAHB Housing Market Index fell to 67 from December’s downwardly revised 69.
December’s Housing Starts rose to an annual pace of 1.226M from November’s downwardly revised 1.020M. Building Permits rose to an annual pace of 1.210M from November’s 1.201M.
Initial Jobless Claims for the week ending January 13th fell by 15K to 234K. Continuing Jobless Claims for the week ending January 6th fell by 47K to 2,046K.
The S&P 500 Index added 0.3 percent to 2,271.29 on Friday.
US stocks rose as an increase in crude oil spurred gains in energy companies. The benchmark index pared earlier gains as President Donald Trump delivered his inauguration address.