According to data from the Bloomberg Consumer Comfort Index, consumers' expectations for U.S. economy fell to 44.2 in in the week ended January 31 from 44.6 the prior week.

The decline was driven by a less favourable assessment of the economy and a fall in personal finances sub-index. The measure of views of the economy declined to 36.5 from 37.2, the buying climate index was up to 40.6 from 40.2, while the personal finances index slid to 55.5 from 56.3.