New orders for durable goods fell $6.3 billion, or 2.2%, to $276.1 billion in December, according to a report from the U.S. Census Bureau released moments ago, missing market expectations for a 0.2% gain. Core orders excluding transportation rose 0.3% after falling 0.2% in November (expected 0.4%).

New orders excluding defense rose 2.4%, while transportation equipment orders fell 7.4%.