The report also showed that the upward pressure on prices and wages increased. The prices paid for the raw material index rose from 12.1 to 17.5, while the wages and benefits index improved from 17.9 to 20.9.
Nowadays, traders also had the opportunity to take a look at the new Home Sales report for December. The report showed that the new home sales rose by 3.6% on a monthly basis, compared to the analyst forecast of -3.5%.
US Dollar Index remained away from lows, while traders responded to the better Dallas Fed Manufacturing Index report. Currently, the US Dollar index is trying to settle above the level of 107.30.
Gold tested new lows after the release of the reports. Gold tries to settle below the level of $ 2740 while traders take a profit after the strong rally.
SP500 has recently climbed back above the 6000 level. It is still to be seen whether economic data today will have some influence on the dynamics of the stock market, because traders are aimed at the impact of Deepseek on technical shares.
View our economic calendar for all economic events today.