Powell's Jackson Hole Speech Among Biggest Macro Catalysts Today - Dollar Tree (NASDAQ:DLTR)

U.S. stocks closed higher on Thursday. Dollar Tree (NASDAQ:DLTR) shares, however, dropped more than 10% after the company reported worse-than-expected Q2 sales results.

Let’s have a look at the major economic events scheduled for today.

Data on international trade in goods for July will be released at 8:30 a.m. ET. The US goods deficit is projected to shrink by $1.1 billion to $97.5 billion in July after narrowing to $98.6 billion in June.
Data on personal income and outlays for July will be released at 8:30 a.m. ET. Analysts expect personal income rising 0.6% in July, while personal consumption expenditures are likely to increase a nominal 0.4% from 1.1% in June.
Data on wholesale inventories for July will be released at 8:30 a.m. ET. Wholesale inventories are projected to rise 1.3% in the advance report for July, following a 1.8% build a month ago.
The University of Michigan's consumer sentiment index for August is scheduled for release at 10:00 a.m. ET. The final consumer sentiment index is projected to hold at the 55.1 preliminary level for August.
Federal Reserve Chairman Jerome Powell is scheduled to speak at 10 a.m. ET at the central bank’s Jackson Hole economic symposium.
The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.

Market Volatility Decreases Further As Investors Await Powell Speech

Check out our premarket coverage here

DLTRDollar Tree Inc

$128.45-0.24%

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