Project Description

US

S&P500  +1.58% (3,380.16);   NASDAQ  +2.21% (9,731.18);   DJIA  +1.02% (29,398.08)

This week’s reports:

  • February’s Michigan Consumer Sentiment Index (prelim.) rose to 100.9 from January’s 99.8.
  • January’s CPI rose 2.5% y/y versus December’s 2.3% y/y. CPI ex Food & Energy rose 2.3% y/y, the same as in December.
  • January’s Retail Sales rose 0.3% from December’s +0.2%. Retail Sales ex Autos rose 0.3% from December’s +0.6%.
  • January’s Industrial Production fell 0.3% from December’s -0.4%. Capacity Utilization fell to 76.8% from December’s 77.1%.
  • December’s Business Inventories rose 0.1% from November’s -0.2%.
  • Initial Jobless Claims for the week ending February 7th rose by 2K to 205K. Continuing Jobless Claims for the week ending January 31st fell by 61K to 1.698M.