- U.S. lost 17,000 non-farm jobs in January. This was the first monthly loss in 4-1/2 years and increases the likelihood the Fed will cut interest rates another half point next month.
- Microsoft wants to buy Yahoo for $45 billion in stock and cash.
- The Institute of Supply Managements' manufacturing index rose from 48.4 to 50.7
- U.S. Construction spending fell 1.1% MoM, and 2.6% YoY.
- The University of Michigan's consumer sentiment index rose from 75.5 to 78.4
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