Factory Orders Beat Slightly

Factory orders month over month for February 2019 were down 0.5% vs estimates of -0.6%, slightly beating estimates.

The negative numbers most likely have to do with a hangover from the government shutdown at the turn of the year and continuing uncertainty over trade policy with China as negotiations drag on.

https://cdm.press/news/markets/2019/04/05/u-s-added-196k-jobs-in-march-vs-180k-expected-feb-numbers-were-a-fluke/