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Story developing. Stay tuned for updates here.
The numbers: The U.S. trade deficit in goods widened 2.6% to $90.2 billion in January, according to the Commerce Department’s advanced estimate released Wednesday.
Economists polled by Econoday were looking for the deficit to narrow to a $88.1 billion deficit.
Market reaction: Stocks
DJIA
SPX
were set to open lower on Wednesday. The yield on the 10-year Treasury note
BX:TMUBMUSD10Y
slipped to 4.29%.
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