Investing.com - U.S. January durable goods orders rose more than expected, official data showed Monday.
Orders were up 1.8% month-on-month in January.
The Commerce Department revised the December figure to a fall of 0.8% from an initial fall of 0.5%.
Analysts had expected durable goods to rise 1.7% in the first month of the year.
Core durable orders were down 0.2% vs. a forecast rise of 0.5%.
The December figure was revised to up 0.9% from an initial reading of a rise of 0.5%.