Friday's reports start with January U.S. durable goods orders and U.S. personal incomes at 7:30 a.m. CST, followed by the University of Michigan's final reading of consumer sentiment in February at 9 a.m. USDA's cattle on-feed report for February 1 is due out at 2 p.m. Traders will remain focused on the latest weather forecasts and events in Ukraine.
Weather
The system that brought mixed precipitation to a good portion of middle America on Thursday continues to head east on Friday. Moderate to heavy mixed precipitation is expected in the Northeast, while the trailing cold front will bring some spotty showers to the Mid-Atlantic and Southeast. Snow is pulling east of Michigan Friday morning but some lake-effect snow may continue through the evening around the Great Lakes. Otherwise, cold and dry conditions continue to build west of the system.