
U.S. stocks closed lower on Tuesday, with the Nasdaq Composite falling around 0.74% while in decline apple inc AAPL and Microsoft Corporation MSFT.
Let’s take a look at the major economic events scheduled for today.
- The MBA index of mortgage Application activity for the last week is scheduled to be published at 7:00 am ET.
- The international trade report for July is released at 8:30 am ET. Analysts expect a deficit of $70.5 billion for total trade in goods and services in July, compared with a deficit of $79.6 billion in the previous month.
- Federal Reserve Bank of Richmond President Thomas Barkin will speak at 9:00 a.m. ET.
- Federal Reserve Bank of Cleveland President Loretta Mester will speak at 10:00 a.m. ET.
- Federal Reserve Governor Lael Brainard will speak at 11:55 am ET.
- Michael S. Barr, vice chairman of the Federal Reserve for Supervision, will speak at 2:00 p.m. ET.
- The Federal Reserve will release its latest Beige Book report at 2:00 p.m. ET.
The Fear & Greed Index remains in the “fear” zone as US stocks fall
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