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Wednesday, February 5, 2020

Wednesday Watch List

Markets
Wednesday's reports start at 7:15 a.m. CST with the release of ADP's estimate of private U.S. job gains, a possible hint to Friday's unemployment report. The December trade deficit is due out at 7:30 a.m. and will provide USDA with important ag trade data that will be revealed later Wednesday morning. The U.S. Energy Department's weekly inventory reports follow at 9:30 a.m. CST.

Weather
Freezing precipitation and snow will extend from the Texas Big Bend to the southern and eastern Midwest Wednesday. We'll also see mixed precipitation and snow in the Northwest and rain in the Southeast. Wintry precipitation areas will have transportation and safety issues, while rain in the Southeast brings extensive flood threats. Temperatures will be seasonally cold in most northern and central areas.