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EIA Natural Gas Storage Draw Of -80 Bcf Misses Estimates

Natural gas markets pull back as traders reacted to the EIA report.

S&P 500: Target’s Disappointing Forecast Raises Questions on US Consumer Health

Is the consumer weakness killing the target sales? The soft outlook of the target aligns with recent figures, which shows a sharp pullback in consumer spending in January and the most declines in consumer confidence since 2021. While in the first trimester, usually slows down due to post -holiday expenses, the update of the target…

ISM Services PMI Drops To 50.3; SP500 Tests Session Lows

23mercury media6 months ago03 mins

Subscribe to information Significant disconnectionThe materials provided on the website include general news and publication, our personal analysis and content provided by the third party, which are only for educational and research objectives. It does not form, and should not be read as any recommendation or advice to take any action to take any action…

U.S. Jobless Claims Surge, GDP Growth Slows, and Durable Goods Orders Rebound

23mercury media6 months ago02 mins

Durable goods order rebound in January After two consecutive monthly fall, the new order for sustainable goods manufactured in January increased by 3.1% to $ 286.0 billion. The increase of $ 8.7 billion was primarily led by transport equipment, which increased by 9.8% to $ 96.5 billion. Except for transport, the new orders were flat,…