Tuesday’s US economic news was mostly better than expected and supportive of stocks. Q4 nonfarm productivity was left unrevised at +1.8%, but Q4 unit labor costs were revised upward to +4.4% from +2.8%, stronger than expectations of +3.6%. Also, the Mar S&P manufacturing PMI unexpectedly rose +0.8 to 52.4, stronger than expectations of a decline to 51.5. In addition, the Mar Richmond Fed manufacturing survey of current conditions rose +10 to a 13-month high of 0, better than expectations of -8.However, stoc ...