Nowadays, traders also had the opportunity to take a look at the report of the factory orders for December. The report indicated that factory orders fell by 0.9% month-over-month, compared to the analyst forecast of -0.7%.
Factory orders ex transport rose by 0.3%, while analysts expected them to grow by +0.6%.
US Dollar Index Tested Session Lows when traders responded to the weaker than expected Jolts Job Opening Report. Traders bet that Fed might be less ragged in case the labor market is under pressure. Currently, US Dollar Index is trying to settle under the level of 108.20.
Gold tested historical highlights as traders focused on the withdrawal of the US dollar. Spot Gold recently managed to settle above the level of $ 2840 and tries to get extra upward impulse.
SP500 moved above the 6020 level when traders responded to the reports. The Outlook of the FED policy certificate remains an important motivation for the stock market, so weak data from the labor market can today serve as a positive catalyst for SP500.
View our economic calendar for all economic events today.