Monday

The Dow Jones Industrial Average DJIA -1.09% suffered the worst one-day drop since Sep 20, shedding 179.11 points, or 1.1% to 16,257.94 by the close, falling for the fourth-straight session.

The S&P 500 index SPX -1.26% closed down 23.17 points, or 1.3% to 1,819.20, snapping its two-day winning streak. The Nasdaq Composite COMP -1.47% finished 61.36, or 1.5%, lower at 4,113.30. Both the S&P 500 and Nasdaq saw their worst one-day point and percentage drops since Nov 7.

Business Inventories

Inventory pressures held steady in November with business inventories up 0.4% vs a strong 0.8% rise in business sales, the strongest sales gain since May, that leaves the stock-to-sales ratio unchanged at 1.29.

Retail inventories, the second largest component of the report and the fresh data in today's report, likewise show no change with the stock-to-sales ratio steady at 1.43. Today's retail sales report for December showed strength, at least outside of autos, which points to steady inventory conditions for the business inventories report this time next month. 

PPI

December producer price index was up 0.4% as expected and was up 1.2% from December 2012. However, core PPI (excludes food and energy) was up a greater than anticipated 0.3% and 1.4% on the year. Analysts expected core prices to increase a monthly 0.1%. 

Beige Book

The so-called Beige Book showed steady manufacturing growth, rising consumer spending and improving real estate markets. Firms that provide non-fungible services, which experienced severe contractions in business during the recession, expect economic activity will continue improving at a moderate or strong pace.

A Federal Reserve survey shows economic growth remained healthy in most U.S. regions in late November and December, helped by gains in consumer spending and factory output.

What do the Economic Reports reveal about the state of the economy?

The government's declining deficit is a standout factor for the nation's economy, evidenced by a surplus -- not deficit -- in the month of December of $53.2 billion. Three months into the government's fiscal year, the deficit is down 41% from this time last year.

Treasury prices held lower on the day after a stronger-than-expected retail sales report. Data showed that sales at U.S. retailers rose by 0.2% in December, beating expectations of a 0.1% decline.

1. The material contained on our Website and Economic Calendar must be used at your own risk. Material is believed to be reliable, but we do not guarantee its accuracy or validity, nor is Tradingvesting.com responsible for any errors or omissions which may occur. The analysis and/or recommendations made by Tradingvesting.com do not provide, imply, or otherwise constitute a guarantee of performance. All contents and recommendations are based on data and sources believed to be reliable, but accuracy and completeness cannot be guaranteed. It should not be assumed that future results will be profitable or will equal past performance, real, indicated or implied.Tradingvesting.com website and material contained therein is not a solicitation to participate in the Futures/Stocks/Options Market. This Economic Calendar does not include Earning Releases, Announced Stock Splits, Upcoming Initial Public Offerings with Underwritings or Rating Changes. Tradingvesting.com has attempted to verify the information contained in this calendar. However, any aspect of such info may change without notice. Unless indicated otherwise: economic data is from the U.S and intraday data is at least 20 minutes delayed; all prices are in the local currency; Time is U.S. Eastern Time. Furthermore, there is a very high degree of risk involved in trading.Tradingvesting.com assumes no responsibilities for your trading and investment results, please red our Risk Disclosure.
   
   
2. Tradingvesting.com does not provide investment advice, and does not represent that any of the information or related analysis is accurate or complete at any time. All information on this website are for educational purposes only and are not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Tradingvesting.com and any authorized distributors of this information harmless in any and all ways. We respect your right to privacy, please click here to view our privacy policy.
   
   
3. U.S. Government Required Disclaimer - Commodity Futures Trading Commission.
   Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
   
   
4. CFTC rule 4.41: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
   
   
5. Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Our linking to these sites does not constitute an endorsement of any products, services or the information found on them. Once you link to another site you are subject to the policies of the new site. By using this site, you agree to the Terms of Service, Privacy Policy and Risk Disclosure. Copyright 2014 Tradingvesting, LLC. All rights reserved. If you have any questions regarding the Online Economic Calendar application, please contact us: click here.
   
   
   THIS BRIEF STATEMENT CANNOT, OF COURSE, DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF THE COMMODITY MARKETS AND EQUITY MARKETS. PLEASE READ MORE AT: TERMS OF SERVICE.