US economic calendar today: S&P 500 slips as jobless claims fall, Blue Owl shakes private credit
The S&P 500 fell 0.4% in afternoon trading, led lower by financials and chip stocks. Blue Owl Capital’s asset sale and fund freeze triggered a drop in private-equity shares. Weekly jobless claims dropped to 206,000, while the Philly Fed’s factory index stayed positive but showed weaker employment. The U.S. trade deficit widened to $70.3 billion in December, well above forecasts.