Daily Market Update 8/18/16

Mortgage rates were little changed Thursday as newly released economic data came in close to expectations.  Weekly Jobless Claims declined to 262,000, slightly below forecast.  The Philly Fed regional manufacturing index rose to 2.0, matching the consensus.  Readings above zero indicate expansion in manufacturing in the Philadelphia region.  Leading Indicators rose by 0.4%, in line with expectations.  No other key data will be released today.

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