S&P500 +0.05%(2,707.88); NASDAQ +0.47% (7,298.20); DJIA +0.17% (25,106.33)
December’s Consumer Credit rose by $16.55 billion from November’s +$22.41 billion.
The increase was led by a jump in non-revolving debt, while growth in revolving credit slowed.
January’s Markit Services PMI fell to 54.2 from December’s 54.4
Composite PMI remained unchanged from December’s 54.4
January’s ISM Non-Manufacturing PMI fell to 56.7 from December’s 58.0
November’s Factory Orders fell 0.6% from October’s -2.1%
Initial Jobless Claims for the week ending February 1st fell by 29K to 234K.
Continuing Jobless Claims for the week ending January 25h fell by 42K to 1,736K.