Stock Market Update

A trove of key economic data was released at 8:30 a.m. ET.

• Q2 GDP-Adv. 1.5% vs. 2.3% Briefing.com consensus; Q1 final was 2.1%; 
• Q2 GDP Deflator-Adv. 6.3% vs. 3.7% Briefing.com consensus; Q1 Final was 3.6%
• Weekly Initial Claims 197K vs. 203K Briefing.com consensus; prior revised to 188K from 187K
• Weekly Continuing Claims 1.782 mln -- prior revised to 1.789 mln from 1.796 mln
• June Personal Income 0.2% vs. 0.3% Briefing.com consensus; prior 0.7%
• June Personal Spending 0.3% vs. 0.4% Briefing.com consensus; prior revised to 0.9% from 0.7%
• June PCE Prices -0.1% vs. -0.1% Briefing.com consensus; prior revised to 0.5% from 0.4%; PCE Price Index +3.7% yr/yr vs 4.1% prior
• June PCE Prices - Core 0.1% vs. 0.2% Briefing.com consensus; prior 0.3%; Core PCE Price Index +3.3% yr/yr vs 3.4% prior