What We Are Watching

A 9 a.m. CDT, Fed Chairman Jerome Powell will give a speech from Jackson Hole, Wyoming. We will watch for any new 8 a.m. flash sales announcements and updated Corn Belt weather forecasts. At 2:30 p.m., the CFTC's Commitment of Traders report will be released.

Weather

A strong cold front in the Northern Plains is producing some thunderstorms early Friday morning. That front will move into the Central Plains and Upper Midwest throughout the day, as the front clears much of the country this weekend. Though showers will be waning as the front moves through the Midwest, a significant drop in temperature will be noted to make it feel more like fall going into next week. The front will stall across the Southern Plains, where showers will be more numerous and possibly heavy going into next week.

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