Daily Market Update 9/3/15

Mortgage rates were little changed Thursday as today’s economic news had little impact.  Weekly Jobless Claims rose to 282,000, above the consensus forecast of 270,000.  The Trade Deficit fell slightly, in line with expectations.  The Institute for Supply Management services index fell to 59.0, a bit higher than expected.  No other key data will be released today.  Investors will be closely watching tomorrow’s Employment Report for August, which will be released at 8:30 AM.

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