U.S. stocks closed lower on Friday with the Dow Jones dropping around 500 points amid a decline in Amazon.com, Inc. AMZN and Apple Inc. AAPL shares.
Let’s have a look at the major economic events scheduled for today.
- The S&P Global manufacturing PMI for September is scheduled for release at 9:45 a.m. ET. The manufacturing PMI is expected to edge higher to 51.8 in September from 51.5 in August.
- The ISM Manufacturing PMI for September will be released at 10:00 a.m. ET. The ISM manufacturing index might rise slightly to 52.9 in September from 52.8 in August.
- Data on construction spending for August will be released at 10:00 a.m. ET. Analysts expect construction spending declining 0.3% in August following a 0.4% drop in the previous month.
- The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.
- Federal Reserve Bank of Richmond President Thomas Barkin is set to speak at 11:45 a.m. ET.
- Kansas City Federal Reserve Bank President Esther George will speak at 2:15 p.m. ET.
Dow Tumbles 500 Points, Volatility In Markets Increases Further
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AAPLApple Inc
$210.07-0.51%
Edge Rankings
Momentum
24.23
Growth
32.21
Quality
75.12
Value
9.25
Price Trend
Short
Medium
Long
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