Economic Data Scheduled For Friday

Markets expect rate cuts — but your earnings don’t have to suffer. Lock in 7.2% until 2028 from ten individual bonds.

The flash composite Purchasing Managers' Index for August is scheduled for release at 9:45 a.m. ET. The composite index is expected to rise to 51.3 in August, versus previous reading of 50. Analysts expect the manufacturing index rising to 51.9 with services index projected at 51.0.
Data on existing home sales for July will be released at 10:00 a.m. ET. After surging 20.7% to 4.720 million in June, existing home sales are projected to climb again to 5.40 million in July.
The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.

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