Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 235 thousand initial claims, up from 230 thousand last week.
• At 8:30 AM, Personal Income and Outlays, July 2023. The consensus is for a 0.3% increase in personal income, and for a 0.7% increase in personal spending. And for the Core PCE price index to increase 0.2%. PCE prices are expected to be up 3.3% YoY, and core PCE prices up 4.2% YoY.
• At 9:45 AM, Chicago Purchasing Managers Index for August.