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U.S. Economy

US Factory Orders MoM (Jun) M/M -0.3% vs. Exp. 0.2% (Prev. -1.3%)

StockNow breaking-news AI analysis

June factory orders fell 0.3%, missing expectations. However, core business investment and AI-driven demand remained resilient despite headline volatility in the automotive and defense sectors.

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Inventories/shipments ratio: 1.48 Months’ Worth (prev. 1.47 months)

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