US real personal consumption expenditures (PCE) MoM +0.4%; prior reading revised from +0.3% to +0.4%.

An Israeli official said on the 30th that Hamas and mediators meeting in Cairo have made "progress" on disarmament. A proposed roadmap calls for the removal of all weapons from Gaza, staged handover of responsibilities and a final transfer of authority to a Palestinian technocratic government. The official said the plan would make "no exceptions" for any weapons or personnel and sets procedures to dismantle tunnels, weapons storage and production facilities. All weapons in Gaza would be placed under the comprehensive control of a Gaza National Administrative Committee, coordinated and supported by international security forces. The process is to proceed on a reciprocity basis, with Israeli responses tied to Hamas compliance.

Microsoft (MSFT.O) said it booked a $3.2 bln gain in the fourth quarter from its Anthropic investment, and lower-than-expected costs from a voluntary separation program, together boosting EPS by $0.27.