Markets
The Labor Department issues its Employment Cost Index and a report on U.S. personal incomes for June is also due out at 7:30 a.m. CDT Friday. The University of Michigan's index of consumer sentiment for July is set for 9 a.m. CDT. Traders will continue to examine the latest weather forecasts and any hint of export sales news.
WeatherA system building off a frontal boundary in Nebraska and South Dakota will produce moderate to heavy rainfall from South Dakota southeast through northern Missouri on Friday. This includes the eastern half of Nebraska and western half of Iowa with good rainfall amounts for reproductive corn and soybeans.