@ The White House
In the morning, the President will receive the Presidential Daily Briefing in the Oval Office. The President will then meet with senior advisors in the Oval Office.
Afterward, the President and the Vice President will meet for lunch in the Private Dining Room. In the afternoon, the President will meet with General Cartwright in the Oval Office.
Later, the President will meet with Marc Morial, President of the National Urban League (NUL), and Ben Jealous, President of the National Association for the Advancement of Colored People (NAACP), in the Oval Office. Afterwards, the President and the Vice President will meet with Secretary of the Treasury Geithner in the Oval Office.
@ Wall Street
Before the bell, Dow members AT&T and Travelers will report their results. Also reporting on Thursday is Morgan Stanley, who is expected to post a loss of 62 cents a share.
On the economic front, the Labor Department issues its weekly jobless claims data at 8:30 a.m. ET. The Philadelphia Federal Reserve will release its July manufacturing survey at 10 a.m. ET.
Economists surveyed by Briefing.com expect weekly jobless claims rose to 411,000 claims last week compared with the 405,000 claims reported the week before.
Federal Reserve Chairman Ben Bernanke is scheduled to testify in front of the Senate Banking Committee starting at 10 a.m. ET on Thursday. The chairman is speaking on the Dodd-Frank financial regulatory reform law.
After the bell, investors will get earnings results from Intel competitor Advanced Micro Devices as well as software giant Microsoft. Analysts expect to earn 58 cents a share, according to Thomson Reuters.
