EQUITY MARKETS

US

S&P500 +0.67%(2,383.12); NASDAQ +0.44% (5,870.75); DJIA +0.88% (21,005.71)

This week’s reports:

Q4’s 2016 GDP (prelim.) was +2% versus Q3’s +2.1%.
February’s Markit Manufacturing PMI fell to 54.2 from January’s 54.3. Markit PMI Composite fell to 54.1 from January’s 55.3. Markit Services PMI fell to 53.8 from January’s 53.9.
February’s ISM Manufacturing PMI rose to 57.7 from January’s 56. ISM Non-Manufacturing PMI rose to 57.6 from January’s 56.5.
January’s Wholesale Inventories (prelim.) fell by 0.1% from December’s +1%.
January’s Personal Spending rose by 0.2% from December’s +0.5%.
January’s Personal Income rose by 0.4% m/m from December’s +0.3% m/m.
February’s Consumer Confidence rose to 114.8 from January’s downwardly revised +111.6.
December’s S&P/Case-Shiller Home Price Indices rose 5.6% y/y versus November’s +5.2% y/y.
January’s Durable Goods Orders rose by 1.8% from December’s -0.8%. Durable Goods Orders ex Transportation fell by 0.2% from December’s +0.9%.
Initial Jobless Claims for the week ending February 24th fell by 19K to 223K. Continuing Jobless Claims for the week ending February 17th rose by 3K to 2,066K.
US stocks were little changed Friday as investors assessed Federal Reserve chair Janet Yellen’s intention to hike rates at the central bank’s March meeting.
The S&P 500 Index ended less than 0.1 percent higher at 2,383.12 at 4 p.m. in New York, while the Dow Jones Industrial Average added 3 points to 21,005.71.