Nike earnings on tap, Wall Street eyes Biden-Trump debate: Yahoo Finance

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Jobless Claims News

President Biden,President Trump,Personal Consumption Expenditures

Stocks (^DJI, ^IXIC, ^GSPC) are holding steady Thursday afternoon as markets weigh new jobless claims and GDP data ahead of tomorrow's Personal Consumption...

Stocks are holding steady Thursday afternoon as markets weigh new jobless claims and GDP data ahead of tomorrow's Personal Consumption Expenditures report. Nike is in the spotlight, as the athletic apparel retailer is set to release earnings after the closing bell. President Biden and former President Trump are scheduled to face off in their first presidential debate later today, with investors closely listening for their stances on economic policy.

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-- The Bank of Canada’s decision to begin cutting interest rates ahead of the Federal Reserve will ultimately lead to a “big tailwind” for the Canadian economy, Toronto-Dominion Bank economist James Orlando said.

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