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Thursday, January 25, 2024

Thursday Watch List

Traders will be awaiting U.S. export sales for last week, along with watching for any changes in South American weather. Also, at 7:30 a.m. CST, we will get Fourth Quarter GDP, Initial Jobless Claims, and Durable Goods Orders. At 9 a.m. CST, New Home Sales will be released.

Weather

A low pressure system along a stalled frontal boundary will provide scattered showers across the Midwest, Tennessee Valley, and Southeast Thursday. Along with the risk for heavy rainfall across the Southeast, a few strong to severe thunderstorms may also form across the region. Farther west, drier conditions return to the Central and Southern Plains throughout Thursday.