Fed Chair Jerome Powell will speak at Jackson Hole today
Today the monthly and year-over-year PCE price index and core PCE price index are on tap. Traders also will be sifting through real disposable incomes, real consumer spending, nominal personal incomes, and nominal consumer spending data, as well as advance trade in goods. Lastly, the University of Michigan (UM) will release its final consumer sentiment index, and five-year inflation expectations.
The following public company is slated to release corporate earnings today, August 26:
JinkoSolar Holding Co. Ltd. (NYSE:JKS -- $58.65) engages in the design, development, production, and marketing of photovoltaic products. JinkoSolar will report its Q2 earnings of 2022 before the bell today.
Looking ahead to next week, a handful of Federal Reserve officials will be offering remarks on the state of the economy. There will also be no shortage of economic indicators to unpack, as investors kick off September with a huge batch of manufacturing data.
Next week's earnings docket includes reports from Baidu (BIDU), Best Buy (BBY), Big Lots (BIG), Broadcom (AVGO), C3.ai (AI), Campbell Soup (CPB), Chewy (CHWY), CrowdStrike (CRWD), HP (HPQ), lululemon athletica (LULU), Ollie's Bargain Outlets (OLLI), Signet Jewelers (SIG), and Weibo (WB)
All economic dates listed here are tentative and subject to change.