Leading economic indicators

A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Jan. 7, 2020. Shares are climbing in Asia following modest gains on Wall Street despite caution over rising tensions between the U.S. and Iran. (AP Photo/Koji Sasahara)

FILE - In this Friday, Jan. 3, 2020 file photo, the Wall St. street sign is framed by American flags flying outside the New York Stock Exchange, in New York. Global stock markets are falling Monday, Jan. 6 while oil and gold prices are rising as tensions escalate between the U.S. and Iran. Markets have been roiled since Friday after the U.S. killed Iran's top general. (AP Photo/Mary Altaffer, File)

FILE - In this file photo dated 1990, Aramco refinery at Ras Tannura, Saudi Arabia. The price of oil surged Friday Jan. 3, 2020, as global investors were gripped with uncertainty over the potential repercussions and any retaliation, after the United States killed Iran's top general Qassem Soleimani.(AP Photo/FILE)

A woman rides a bicycle past at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, Jan. 6, 2020, in Tokyo, marking the start of this year's trading. Shares are skidding in Asia, with Tokyo's Nikkei 225 index down 2 percent on concern over escalating tensions in the Middle East following the killing by a U.S. air strike of an Iranian general. (AP Photo/Eugene Hoshiko)

FILE - In this Dec. 11, 2019, file photo trader Michael Urkonis, left, and specialist Anthony Matesic work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 3, 2020. (AP Photo/Richard Drew, File)

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Jan. 3, 2020. Asian stocks were mixed Friday and oil prices surged after an Iranian general was killed by U.S. forces in Iraq. (AP Photo/Ahn Young-joon)

The sun rises over the buildings of the banking district in Frankfurt, Germany, on a misty Wednesday, Jan. 1, 2020. (AP Photo/Michael Probst)

Jung Ji-won, third from left, chief executive of the Korea Exchange, and Financial Services Commission Chairman Eun Sung-soo, fourth from left, applaud with other participants during the opening of this year's trading in Seoul, South Korea, Thursday, Jan. 2, 2020. The sign read: "Opening ceremony of 2020 trading." (AP Photo/Ahn Young-joon)

Stock traders wear New Year's 2020 party glasses at the New York Stock Exchange, Tuesday, Dec. 31, 2019. Stocks slipped globally in quiet New Year's Eve trading Tuesday with many markets closed. Wall Street could close 2019 with back-to-back daily losses in a year that the U.S. posted the largest market gains since 2013. (AP Photo/Mark Lennihan)

FILE - In this Nov. 4, 2019, file photo trader Peter Tuchman, center, works on the floor of the New York Stock Exchange. Markets are coming off a fabulous 2019, where stocks, bonds and other investments climbed in concert. But for the next year, and decade, in fact, Wall Street is telling investors to set their expectations considerably lower. (AP Photo/Richard Drew, File)