News on Stocks in Our Portfolios
Exxon shares fall after big earnings miss
This Week’s Data
The July Markit
PMI came in slightly above
The Institute for Supply Management’s July manufacturing index came in at 55.4 versus expectations of 53.1.
June construction spending fell 0.6% versus estimates of +0.4%.
July nonfarm payrolls rose 163,000 versus forecasts of up 175,000; unemployment declined to 7.4% versus an anticipated rate of 7.5%.
June personal income was up 0.3% versus expectations of up 0.4%; personal spending was up 0.5% versus estimates of +0.4%.
PMI scoreboard (short):
More on the student loan problem (medium):
Congressman Jim Jordan on the
IRS scandal (4 minute video):