Apple (AAPL), Microsoft (MSFT) – Fed’s Loretta Mester, Lorie Logan And Raphael Bostic Among Biggest Macro Catalysts Today

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U.S. stocks closed lower on Tuesday, with the Nasdaq 100 dropping more than 1% following a decline in Apple Inc AAPL and Microsoft Corporation MSFT shares.

Let’s have a look at the major economic events scheduled for today.

  • The MBA’s index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET.
  • Cleveland Federal Reserve Bank President Loretta Mester is set to speak at 8:00 a.m. ET.
  • The ADP national employment report for August will be released at 8:15 a.m. ET. Analysts expect private payrolls increasing 225,000 in August.
  • The Chicago PMI for August is scheduled for release at 9:45 a.m. Analysts expect an unchanged reading of 52.1 for August.
  • The State Street Investor Confidence Index for August will be released at 10:00 a.m. ET.
  • The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is scheduled for release at 10:30 a.m. ET.
  • Data on farm prices for July will be released at 3:00 p.m. ET.
  • Federal Reserve Bank of Dallas President Lorie Logan will speak at 6:00 p.m. ET.
  • Federal Reserve Bank of Atlanta President Raphael Bostic is set to speak at 6:30 p.m. ET.

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Image and article originally from www.benzinga.com. Read the original article here.