Trump effect? The increase in industrial output in the USA reached its highest level in four years.
In the two months following Trump's election victory, industrial output in the USA increased by 1.5%, marking the largest gain since November 2021. Due to the cold weather, industrial output in the USA rose by 0.5% month-on-month in January, exceeding the expected 0.3%, and the previous value was also revised up. However, manufacturing, which accounts for three-quarters of total industrial output, showed some weakness, declining by 0.1% month-on-month, below the expected growth of 0.1%.
Catalyst Watch: Apple Product Event, Walmart Earnings, Sandisk Debut, and Visa's Investor Day
Peering Into Kohl's's Recent Short Interest
Walmart Reshapes Workforce, Shuts Offices As It Consolidates Operations
Palantir Focused ETFs Spark Investor Interest: Here's Why
Kohl's Analyst Ratings