US industrial production falls 0.1%, capacity use 76.3

The market had expected a rise of 0.6% in IP and to 76.5% for capacity use.

Not a big market mover against the present unsettled backdrop.

Next up we have the Philly Fed survey, which correlates pretty closely with the ISM. It is the most important number of the day. The market expects a dip to 28.8 from last month’s 35.9.