Thursday’s Events: UI Claims, Philly Fed Mfg
At 10 a.m. EDT, the Philadelphia Fed will release its
manufacturing index for June. Economists expect the
headline index to rise to a reading of -10.0 compared to May’s score of -
15.6. Markets will also be paying attention to the prices paid, new
orders and employment indexes, which scored 53.8, -3.7 and -1.0
respectively in May.