The Atlanta Federal Reserve updated its latest GDPNow reading, which allows it to estimate GDP growth in real time.
Nevertheless, inflation continues to be a problem around the world.
Taking a look at consumer sentiment, results came in at 67, which was better than the expected 66.4.
On Friday, the Census Bureau released its United States New Home Sales data for January, which came in at 670,000.
Furthermore, the average sales price was $474,400, lower than the $528,400 average seen in the prior month.
This was the biggest rise in the index in the past two years and was driven by higher auto sales.
Muted gross domestic product figure and a sixth straight week of low jobless claims, coupled with mixed earnings reports, kept traders on their toes.
At the same time, January’s consumer spending is expected to increase by 1.4%, while the same metric had shown a decline of 0.2% in December.
Also, the weekly jobless claims number came in at 192,000, a decline of 3,000 in the week ended February 16.
The Asia-Pacific markets ended mixed today.