Adobe earnings, August PPI, mortgage rates: What to Watch

Creative software company Adobe (ADBE) will report its fiscal third quarter earnings results tomorrow, alongside Kroger (KR), RH (RH), and Signet Jewelers (SIG).

August's Producer Price Index (PPI) is also expected out on Thursday, September 12.

Other economic data to be released include the prior week's initial jobless claims and mortgage rate.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Luke Carberry Mogan.

Video transcript

And time now for what to watch Thursday, September 12th.

Starting off on the earnings front.

We're gonna be getting another batch of earnings tomorrow that includes Adobe Kroger and Rh Adobe reporting third quarter results after the close investors listening for any new details about its firefly text to video A I tools that it teased earlier today and take a look at the economy.

A new PP I print for August, that's the producer price index coming out ahead of the open kind is forecasting core PP I to rise 0.2% overall.

PB I holds steady at 0.1%.

And weekly initial jobless claims data also do the number expected to tick down to 226,000 in the most recent week and moving over to housing.

We're gonna be getting new mortgage rate data from Freddie Mac 30 year fixed rate mortgage coming in 6.35% in the prior week.

That's a wrap on today's ask for a trend.

Be sure to come back tomorrow at 4:30 p.m. Eastern for all of the latest market.

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Have a great night.