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Friday, January 31, 2020

Friday Watch List

Markets
Friday marks the final day of a week dominated by concerns over the spread of coronavirus and infection counts will continue to be watched. Minor economic reports of U.S. personal income and the employment cost index are due out at 7:30 a.m. CST, followed by an index of consumer sentiment at 9 a.m. USDA releases its semi-annual cattle inventory report for January 1, set for 2 p.m. CST.

Weather
January ends with snow crossing the Midwest, rain in the Delta and Southeast, and mixed precipitation in the Northwest Friday. Dry conditions will be in place elsewhere. Temperatures will again be well above normal in northern and central areas. This is much different than a year ago, when the polar vortex outbreak gripped the U.S. east of the Rockies.