Initial Weekly Jobless Claims: The data was reported as 298K, which is better than estimates of 300K. Also, previous data was revised to 299K from 298K. The four week average was down 1.250 to 299.750
2nd Quarter GDP (annualized): The annualized GDP for the second quarter was revised up to 4.2% from first estimate of 4.0%. Average expectation was 3.9% among the analysts.
Pending Home Sales: In July, pending home sales data was announced as 3.3% increase, which was higher than average estimate of 0.5%. The previous data was also revised down from 1.1% decrease to 1.3% decrease.