Industrial output jumped in January, but consumer sentiment slid in the first two weeks of February amid geopolitical and economic worries.

Industrial production reportedly rose 0.7% last month, the biggest gain in six months, following a revised 0.4% drop in December.

The University of Michigan's index of consumer sentiment reportedly dropped to 79.2 from 82.4 at the end of January, below analysts' expectations.

According to the University of Michigan report, attitudes among Americans about where the economy is headed are sagging.

In a separate report, the Commerce Department reportedly said business inventories rose 0.6% in December. Inventories rose a revised 0.3% rise in November.