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Jobs report, inflation data, Best Buy earnings, US Open top week ahead

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It's a big week for jobs and housing data as well as more retail earnings as investors wind down the final days of August leading into the Labor Day holiday weekend.

The JOLTS report last listed just under 10 million job openings, down from a record 12 million. Economists expect the latest data to be little changed. The latest data from the core PCE index will be released as consumers and investors alike get a closer look at what they are spending for goods and services.

Fed Chairman Jerome Powell walks the grounds at the Jackson Hole economic symposium in Moran, Wyoming, on Thursday, Aug. 24, 2023. "Although inflation has moved down from its peak – a welcome development – it remains too high.

 

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