Highlights

Coming at 8:30 am ET, weekly jobless claims, expected to edge up to 208K after falling by 6K to 206K in the previous week. Claims have been rangebound mostly just above 200K, suggesting remarkable stability in the job market.

Also at 8:30 am ET, the advance balance of trade in goods. The Econoday consensus forecast looks for a deficit of $100 billion in July versus $102.1 billion for goods trade in June in the most recent report covering both goods and services.

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