Monday 6th March 2023 - Waiting for Powell

 Check out today’s heat map:

6 of 11 sectors closed green. Utilities (+0.48%) led, and materials  (-1.62%) lagged. 💚

In economic news, U.S. factory orders fell 1.6% MoM in January, offsetting a 1.7% increase in December. The plunge in civilian aircraft bookings weighed on the numbers, with machinery and a range of other products seeing an unexpected uptick. 🏭

BridgeBio jumped 52% after its treatment for the genetic cause of dwarfism showed positive phase two cohort five results. 🧪