At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 445,000 new jobless claims last week, which would would be a slight improvement from last week, and would be the lowest number of claims since early May.
Also at 8:30 AM EDT, the Producer Price Index for June will be released. The consensus is that the index decreased 0.1% over last month, and increased 0.1% when food and energy are excluded.
Also at 8:30 AM EDT, the Empire State manufacturing index for July will be released. The consensus is that the index value will be 18, which would be an decrease of almost 1.5 points from June.
At 9:15 AM EDT, the Industrial Production report for June will be released. The consensus is that there will be a decline 0f 0.2% in production and a decline of 0.7% in industrial capacity utilization.
At 10:00 AM EDT, the Philadelphia Fed Survey report for July will be released. The consensus is that the index will be at 12, following a decline of 8 points in June.
At 10:30 AM EDT, the weekly Energy Information Administration Natural Gas Report will be released, giving an update on natural gas inventories in the United States.
At 4:30 PM EDT, the Federal Reserve will release its Money Supply report, showing the amount of liquidity available in the U.S. economy.
Also at 4:30 PM EDT, the Federal Reserve will release its Balance Sheet report, showing the amount of liquidity the Fed has injected into the economy by adding or removing reserves.
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Jobless claims fall because 2 million are no longer counted on the rolls.
This will be trumpeted all day as good news.
Stocks will rise early in the morning early afternoon then slip below original values by the end of the day.
Normal fluctuation based market propaganda.