As the trading day comes to a close, Asking for a Trend takes a look at what investors should have on their radar for Wednesday August 21, 2024.On the economic front, the market will be closely watching the release of the minutes from the Federal Reserve's July FOMC meeting. This will give investors a better understanding of the central bank's outlook on potential interest rate cuts.
The minutes ahead of that Jackson Hole economic symposium that starts on Thursday and moving over the housing, the latest weekly mortgage application data out in the morning.And finally, the Bureau of Labor Statistics coming out with its annual preliminary payrolls revision, that report could change all of the jobs data for the past year.HOWELL, Mich.
Housing supply in the US rose a record 14% in July as homebuyers canceled agreements due to high costs and economic worries, a Redfin report said.'People are tired': Calgary officials say new round of water cutbacks won't be as bad An Alabama guaranteed basic income program gave single mothers $375 a month for a year. Participants used the money to afford bills and childcare.The St. Louis Blues signed defenseman Philip Broberg and forward Dylan Holloway to two-year contracts Tuesday after the Edmonton Oilers declined to match the offer sheets for the restricted free agents.
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