The University of Michigan released the preliminary estimate for consumer confidence for August, where consumer confidence eased to 54.9, compared with the prior estimate of 63.7 and below median estimates of 62.0. The economic conditions index eased to 69.3 from 75.8, and the economic outlook index eased to 45.7 from 56.0.

The 1-year inflation expectations index remained unchanged at 3.4%, while the 5=year inflation expectations index also remained unchanged at 2.9%.