Investors Continue to Cue In On Corporate Earnings & Economic Data This Morning
U.S. stock futures are lower. Futures are on the decline in the pre-market and Yields are moving higher. Investors continue to cue in on corporate earnings and economic data this morning. Retail sales for January advanced 3% month-over-month, beating expectations of 2% increase. Industrial production for January was unchanged month-over-month which was lower than estimates of 0.5% increase.
European stocks are moving higher and Asian markets finished the session lower. Crude and gold are lower and the US dollar is rallying.
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