Stock Market Update

[BRIEFING.COM] There hasn't been much up or down movement at the index level in recent action.

The 10-yr note yield settled one basis point higher at 3.84% and the 2-yr note yield settled three basis points lower at 3.87%. 

Market participants will receive the following economic data on Thursday: 

• 8:30 ET: Q2 GDP -- second estimate (prior 2.8%), Q2 GDP Deflator -- second estimate (prior 2.3%), weekly Initial Claims (prior 232,000), Continuing Claims (prior 1.863 mln), advance July goods trade balance (prior -$96.6 bln), advance July Retail Inventories (prior -$96.8 bln), advance Retail Inventories (prior 0.7%), and advance Wholesale Inventories (prior 0.2%)
• 10:00 ET: July Pending Home Sales (Briefing.com consensus 1.2%; prior 4.8%)
• 10:30 ET: Weekly natural gas inventories (prior +35 bcf)