Durable-goods orders drop 6.1% in January on fewer airplane contracts

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U.S. orders for sturdy items sank 6.1% in January, virtually fully due to Boeing signing hardly any airplane contracts. Economists polled by The Wall Street Journal had forecast a 5% decline.

Orders excluding transportation slipped a small 0.3% final month.

Market response: The Dow Jones Industrial Average
DJIA,
-0.16%
and S&P 500
SPX,
-0.38%
had been set to open blended in Tuesday trades.

Source web site: www.marketwatch.com

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