STOCK MARKET NEWS: Futures lower, TSMC shares fall, retail sales on tap

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Taiwan Semiconductor shares fall after Buffett trims stake. Kraft Heinz and Cisco Systems headline earnings reports. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

rose 47% to $354 million. Analysts expected $343.9 million.

Investors will also watch for results from insurer AIG, e-commerce firm Shopify, and hospitality REIT Host Hotels & Resorts among others.An exceptionally busy morning of economic data awaits investors on Wednesday. Economists surveyed by Refinitiv anticipate consumer spending rose 1.8% after a larger-than-expected decline of 1.1% in December.

The New York Federal Reserve will release its closely watched gauge of regional manufacturing activity.

 

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