U.S. Equity Futures Turned Higher, August Personal Income Up 0.2%M/M
U.S. equity futures turned higher Friday, following on from the worst month since March 2020, as investors enter the final quarter of the year focused on inflation, energy markets and the Federal Reserve.· August Personal Income and Outlays: Income+0.2%M/M vs. +0.3% consensus and +1.1% prior. Consumer spending:+0.4%M/M to +0.6% consensus and -0.5% prior . PCE Price Index:+0.4%M/M vs. +0.3% consensus and +0.4% prior. Core PCE Price Index:+0.3%M/M vs. +0.2% consensus and +0.3% prior.· The10-year T