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Wednesday, January 5, 2022

Wednesday Watch List

ADP's monthly report on private sector employment is due out at 7:15 a.m. CST Wednesday, a possible clue to Friday's unemployment numbers. At 9:30 a.m., the U.S. Energy Department's weekly inventory report will be released, including the latest statistics for ethanol production. At 1 p.m. CST, the Federal Reserve will release its minutes from the latest FOMC meeting.

Weather

A system in the Great Lakes is producing some light snow, but the arctic weather that is rushing in behind it is spreading from the Northern Plains through the rest of the Plains and Midwest on Wednesday. Strong winds are accompanying the cold, making for some dangerous wind chills and blowing snow around and reducing visibility, creating some blizzard conditions.