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Friday, January 5, 2024

Friday Watch List

USDA's weekly export sales report will be out at 7:30 a.m. CST Friday, the same time as the Labor Department's nonfarm payrolls and unemployment rate for December. A report on U.S. factory orders for November follows at 9 a.m. Traders will remain attentive to South American weather and tensions in the Middle East.

Weather

A storm system that developed in the Central and Southern Plains on Thursday has brought areas of rain and snow into early Friday. That storm system will continue eastward for Friday, getting into the Southeast for Saturday. The storm may clip the southern end of the Midwest and some lighter snow will be possible farther north in the Northern Plains and Upper Midwest.