Friday is expected to be a quiet trading day before the three-day Labor Day weekend, but investors are waiting for a few economic reports.
Data on U.S. personal income and spending in July will be released at 8:30 a.m ET, and the University of Michigan will release its latest consumer confidence survey at 9:55 a.m.
Salesforce.com (shares were up 7.7% premarket after the company reported better-than-expected quarterly sales and income Thursday afternoon. )Krispy Kreme ( shares were down 11% after the donut maker missed earnings estimates and lowered its full-year guidance Thursday. )
European markets were shifting lower in midday trading, with Germany's Dax and France's CAC 40 dropping by nearly 0.6%. The United Kingdom's FTSE 100 was down 0.4%.
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|Where should you put your money now?|
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.48%||4.38%|
|15 yr fixed||3.49%||3.42%|
|30 yr refi||4.47%||4.37%|
|15 yr refi||3.48%||3.41%|
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