Markets
The U.S. and China are expected to sign a phase one trade agreement sometime Wednesday and traders will be watching closely for details. The U.S. Labor Department releases a report on U.S. producer prices at 7:30 a.m. CST, followed by the Energy Department's weekly report of energy inventories at 9:30 a.m. At 1 p.m. CST, the Federal Reserve puts out its Beige Book, a monthly summary of how the economy is doing.
Weather
Snow, mixed precipitation, and very cold winds are in store for the Northern Plains and the northern and western Midwest Wednesday. These conditions will be stressful to livestock and will hinder transportation. We'll also see periods of rain in the eastern and southern Midwest through the Delta, keeping souls wet and threatening some local flooding.
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