Economic indicators

Pending home sales gained 0.9% to an index reading of 106.9 in June.

The University of Michigan's July consumer sentiment index reading was 97.9, compared to the preliminary July 97.1.

Consumer spending propelled U.S. economic growth to a 4.1% pace in the second quarter, the fastest since 2014.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported strong activity and increased optimism in July.

Initial jobless claims rose by 9,000 to 217,000 in the July 21 week after dipping to their lowest point since 1969 in the previous week.

Orders placed with U.S. factories for business equipment increased in June for a third straight month, a sign of investment momentum.

U.S. purchases of new homes fell in June to the slowest pace in eight months.

Service sector “activity remained strong in July,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing growth in the central Atlantic region “expanded at a slower pace in July.”

The region's services sector “continued to expand,” as the general business conditions index rose to 44.3 in July from 39.1 in June.

Existing home sales fell 0.6% to a seasonally adjusted 5.38 million-unit rate in June.

The Chicago Fed National Activity Index for June reversed to positive 0.43 from a downwardly revised negative 0.45 in May.

The composite of the Leading Economic Index was up 0.2% in June following a revised flat reading in May, the Conference Board said Thursday.

Unemployment lines across the U.S. last week were the shortest since December 1969.

Manufacturers report continued expanding in July, and the Federal Reserve Bank of Philadelphia Report on Business respondents reported “widespread increases for purchased inputs.”

U.S. new-home groundbreaking and permits fell in June to the slowest pace in nine months.

Builders’ confidence in the market for new single-family homes held steady as the National Association of Home Builders' housing market index remained at 68.

Industrial production grew 0.6% in June, the Federal Reserve reported Tuesday.

Prices received increased in July, as prices paid retreated from a multi-year high, while employment growth slowed.

The value of business inventories in May was up 0.4%, as expected by analysts.