US

S&P500 -1.03% (2,888.68);   NASDAQ -0.79% (7,895.99);   DJIA -1.53% (25,886.01)

  • July’s CPI rose 1.8% y/y versus June’s +1.6% y/y. CPI Ex Food & Energy rose 2.2% versus June’s +2.1% y/y.
  • July’s Retail Sales rose 0.7% from June’s +0.3%. Retail Sales ex Autos rose 1.0% from June’s +0.3%.  
  • August’s Michigan Consumer Sentiment Index fell to 92.1 from July’s 98.4.
  • July’s Housing Starts fell 4.0% from June’s -1.8%. Building Permits jumped 8.4% from June’s -5.2%.
  • July’s Industrial Production fell 0.2% from June’s +0.2%. Capacity Utilization fell to 77.5 from June’s 77.8.
  • August’s Philadelphia Fed Manufacturing Survey fell to 16.8 from July’s 21.8.
  • Q2 2019 Non-farm Productivity (prelim.) rose 2.3% from Q1’s +3.4%. Q2 2019 Unit Labor Costs (prelim.) rose 2.4% from Q1’s -1.6%.        
  • Initial Jobless Claims for the week ending August 7th rose by 9K to 220K. Continuing Jobless Claims for the week ending August 2nd rose by 39K to 1,726K.