Stocks are heading for a down August as market kicks off September with jobs report

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August jobs data and key inflation reports could illuminate the path forward for monetary policy.

With one more week left to go in August, investors will be wrapping up what has been a downbeat month with more jobs data and macroeconomic reports that could illuminate the path forward for monetary policy. Stocks are headed for a mixed close Friday. This week, traders digested hawkish commentary from Federal Reserve Chairman Jerome Powell, who warned in his address at Jackson Hole, Wyoming , that there could be further rate hikes ahead.

Home Price Index 9 a.m. S & P/Case-Shiller comp.20 10 a.m. Consumer Confidence 10 a.m. Ts Job Openings Earnings: Catalent , Best Buy , J.M. Smucker Co. , Hewlett Packard Enterprise , HP Wednesday, Aug. 30 8:15 a.m. ADP Employment Survey 8:30 a.m. GDP Chain Price Second Preliminary 8:30 a.m. GDP Second Preliminary 8:30 a.m. Wholesale Inventories Preliminary 10 a.m. Pending Home Sales Earnings: Salesforce , Costco Thursday, Aug. 31 8:30 a.m. Continuing Jobless Claims 8:30 a.m. Initial Claims 8:30 a.m. Core PCE Deflator 8:30 a.m. PCE Deflator 8:30 a.m.

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