New York, United States – As Wall Street gears up for the end of the trading week, investors are eagerly awaiting a slew of key economic data set to be released on Thursday and Friday. This includes reports on initial jobless claims, housing starts, U.S. building permits, and the Philadelphia Federal Reserve’s manufacturing survey.
Thursday morning will kick off with the release of initial jobless claims, housing starts, U.S. building permits, and the Philadelphia Federal Reserve’s manufacturing survey. Meanwhile, Friday will bring forth data on services and manufacturing PMI, as well as existing home sales figures.
Investors will be closely monitoring these reports for insight into the state of the economy and potential market trends. The outcomes of these data releases could have a significant impact on investor sentiment and market movements in the coming days.
Stock futures remained relatively unchanged on Wednesday as market participants aim to finish the abbreviated trading week on a positive note. The S&P 500 recently reached a new record high, prompting optimism among investors.
Futures tied to the S&P 500 saw a marginal increase of 0.05%, while Nasdaq 100 futures climbed by 0.2%. Additionally, Dow Jones Industrial Average futures rose by 0.2%, indicating a positive start to trading on Wednesday.
Overall, the upcoming economic data releases and market performance will be closely watched as investors navigate through the remainder of the trading week. Traders are preparing for potential volatility and opportunities based on the outcomes of these key reports.