<ul><li><a href="https://www.forexlive.com/news/u-of-michigan-consumer-sentiment-prelim-survey-for-august-rises-to-551-vs-525-estimate-20220812/" target="_blank" class="article-link">Prior </a>was 58.2</li><li>Prelim was 59.5</li> <li>Current conditions 59.7 vs 58.9 prelim</li> <li>Expectations 58.0 vs 59.9 prelim</li> <li>1-year inflation 4.7% vs 4.6% prelim (4.8% prior)</li> <li>5-10 year <a href="https://www.forexlive.com/terms/i/inflation/" rel="follow" target="_blank" debug="" class="term__term-title">inflation</a> 2.7% vs 2.8% prelim (2.9% prior)</li></ul><p>This is the final data point of the month but we will get speeches from Bowman, Barkin and Williams later today.</p><p>For the Fed, the <a href="https://www.forexlive.com/terms/i/inflation/" target="_blank" id="ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa_4" class="terms__main-term">inflation</a> components of this survey are the more-important ones right now and they've trended lower in the past few months after peaking at alarming levels. Breakevens and reals are showing the same kind of moves.</p> This article was written by Adam Button at forexlive.com.

<p>The major US indices are opening mixed close to unchanged levels. </p><p>The major indices erased the premarket gains that saw the Dow industrial average up around 200 points at its highs. </p><p>The S&P index today is getting closer to its rising 200 week moving average which currently comes in at 3589.57. The low price in early trading reached 3630.90 within about 41 points of the key moving average level. The NASDAQ and Dow industrial average are below those moving average levels.</p><p>A snapshot a few minutes into the opening is showing:</p><ul><li>Dow industrial average -75.03 points or -0.26% at 29150.59</li><li>S&P index -1.02 points or -0.03% at 3639.44</li><li>NASDAQ index up 16.31 points or 0.15% at 10753.82</li><li>Russell 2000-2.00 points at -0.12% at 1672.92</li></ul><p>The month of September is traditionally a down month and this year was no exception. For the trading month, the major indices are all down sharply:</p><ul><li>Dow industrial average closed August 31 at 31510.44. The price is down -7.9% for the month</li><li>S&P index closed August 31 at 3954.99. The price is down -8.6% for the month</li><li>NASDAQ index closed August 31 at 11816.20. The price is down -9.47% for the month</li></ul> This article was written by Greg Michalowski at forexlive.com.

<p>This is a small move but it's part of a series of moves to put a floor under housing. </p> This article was written by Adam Button at forexlive.com.