PMI data, The Gap CEO, VP Harris to address America: Catalysts
Today on Catalysts, hosts Seana Smith and Madison Mills discuss economic data, trending tickers, and politics. Economic data is in focus as The S&P Global Flash US Manufacturing PMI for August missed economist expectations coming in at 48.0, falling short of the 49.0 estimated. Meanwhile, existing home sales for July rose 1.3%, according to the National Association of Realtors. S&P Global Market Intelligence chief business economist Chris Williamson breaks down the new data and what it means for the broader market. The show then turns to trending tickers, covering company updates for Snowflake (SNOW), Disney (DIS), and Paramount (PARA, PARAA). The Gap (GPS) CEO Richard Dickson joins live from the NYSE as the company celebrates its 55th anniversary. Finally, the election takes center stage as the DNC continues into its fourth day, with Vice President Kamala Harris set to address the nation in Chicago. Former Congressman Patrick Murphy (D-PA) joins to discuss what Harris and Walz need to do to sway undecided voters. This post was written by Angel Smith