Finishing out the week for economic data will be vehicle sales, construction spending and the ISM manufacturing PMI.
Elsewhere, the IRS will change the standard mileage rate for tax deductions for the remainder of 2022 and the European Central Bank will end bond buying. In addition, Connecticut; Washington D.C.; Nevada; Oregon; Chicago and Cook County, Illinois; Montgomery County, Maryland; Minneapolis and St. Paul, Minnesota; and Berkeley, Emeryville, Los Angeles, Malibu, Pasadena, San Francisco, and Santa Monica, California will see increases to their minimum wages.
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