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This widely followed indicator has an uncanny track record of predicting U.S. recessions, dating back to 1948.
European stocks look set to open on a sluggish note Tuesday after markets in the U.S. were shut overnight for the Labour Day holiday. Asian markets were broadly lower as mainland Chinese and Hong Kong stocks slipped after posting strong gains the previous day on news of China lowering down-payment thresholds for both first-time and second-time homebuyers.
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Final manufacturing Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Friday. At 2.00 am ET, UK Nationwide house price data is due for August.
The Atlantic County Utilities Authority (ACUA) invites bids for an exciting waste conversion project in New Jersey.