The U.S. Commerce Department released factory orders data on Thursday. Factory orders in the U.S. declined 0.2% in January, missing expectations for a 0.1% increase, after a 3.5% drop in December. That was the sixth straight decline.

December's figure was revised down from a 3.4% fall.

The decline was driven by lower orders for non-durable goods. Non-durable goods orders plunged by 3.1% in January.

Durable goods orders jumped by 2.8% in January.