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The Dow Jones jumped by more than 300 points on Friday despite Procter & Gamble Company PG reporting mixed results for its fourth quarter.
Below is a look at the major economic reports scheduled for release today.
- The manufacturing PMI for July is scheduled for release at 9:45 a.m. ET. The final manufacturing PMI for July is likely to hold at the 52.3 flash level, which was the weakest reading in two years.
- The ISM manufacturing index for July will be released at 10:00 a.m. ET. The ISM manufacturing index, which moved lower to 53.0 in June, is expected to slow further to 52.2 in July.
- Data on construction spending for June will be released at 10:00 a.m. ET. After 0.1% decline in May, analysts expect construction spending rebounding slightly by 0.2% in June.
- The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.
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Image and article originally from www.benzinga.com. Read the original article here.