EQUITY MARKETS
US
S&P500 +0.12%(2,297.42); NASDAQ +0.11% (5,666.77); DJIA -0.11% (20,071.46)
This week’s reports:
- January’s Unemployment Rate rose to 4.8% from December’s +4.7%. Labor Force Participation Rate rose to 62.9% from December’s 62.7%. Nonfarm Payrolls rose to 227K from December’s upwardly revised 157K.
- Q4 2016 Unit Labor Costs (prelim.) rose by 1.7% from Q3’s downwardly revised +0.2%.
- January’s Average Weekly Hours remained unchanged at +34.4. Average Hourly Earnings rose by 0.1% m/m from December’s +0.2% m/m.
- January’s Markit Manufacturing PMI fell to 55 from December’s 54.3. Markit PMI Composite rose to 55.8 from December’s 54.1. Markit Services PMI rose to 55.6 from December’s 53.9.
- January’s ISM Manufacturing PMI rose to 56 from December’s 54.5. ISM Non-Manufacturing PMI fell to 56.5 from December’s 56.6. ISM Prices Paid rose to 69 from December’s 65.5.
- December’s Factory Orders rose by 1.3% m/m from November’s -2.3% m/m.
- December’s Personal Spending rose by 0.5% from November’s +0.2%. Personal Income rose by 0.3% from November’s upwardly revised +0.1%.
- January’s Consumer Confidence fell to 111.8 from December’s 113.7.
- November’s S&P/Case-Shiller Home Price Indices rose 5.3% y/y from October’s +5.1% y/y.
- Initial Jobless Claims for the week ending January 27th fell by 14K to 246K. Continuing Jobless Claims for the week ending January 20th fell by 39K to 2,064K.
- US stocks rose the most in a week after Labor Department data showed US employers in January hired the most workers in four months.
- Financial shares rallied on the prospect of looser financial regulations.