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The U.S. Commerce Department released factory orders data on Thursday. Factory orders in the U.S. declined 0.2% in January, missing expectations for a 0.1% increase, after a 3.5% drop in December. That was the sixth straight decline.
December's figure was revised down from a 3.4% fall.
The decline was driven by lower orders for non-durable goods. Non-durable goods orders plunged by 3.1% in January.
Durable goods orders jumped by 2.8% in January.
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