U.S. stock futures were mixed as we enter a busy week of data.
The only report today showed the consumer made a comeback in July in both income and spending. Personal income in July rose 0.2%, following a flat reading in June. Spending, which also was flat in June, increased 0.4%, which was slightly more than expected.
The Employment Situation report on Friday will likely be most talked about this week, but there will be plenty of other data before then. We will see reports on home prices, consumer confidence and Midwest manufacturing on Tuesday. On Wednesday we will see reports on motor vehicle sales, private employment, construction spending, and manufacturing. Pending home sales, initial jobless claims and productivity and costs data are set for Thursday.
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