Quick Overview

• U.S. GDP contracted at a 6.2% annual rate in Q4
  
  

• The University of Michigan's consumer sentiment index fell from 61.2 to 56.3 in January
  

• Chicago's purchasing managers' index rose from 33.3 to 34.2 in February
  

• Unemployment in the Euro area rose from 8.1% to 8.2% in January.
  

• Consumer prices in the Euro area rose 1.1% YoY
  

• Japan's factory output fell 10.0% in January
  Japan’s household spending fell 5.9% YoY
  

• India’s GDP grew 5.3% YoY
  

• The U.S. government will boost its equity stake in Citigroup to 36%.
  

• Sweden’s GDP contracted 10% on an annualized basis.

• General Electric Co. will cut its quarterly dividend to 10 cents a share from 31 cents, according to CNBC.