tradeMONSTER: Trade free for 90 days

Options Trading News

July 31, 2013  Wed 1:47 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Today's calendar is packed with economic data and corporate earnings.

German retail sales and European unemployment could affect market sentiment early in the session, but the first big U.S. release is ADP's private-sector payroll report at 8:15 a.m. ET.

Economists expect that 175,000 jobs were added in July, down from 188,000 the previous month. Traders will probably view the reading as an early indicator of the key non-farm payroll report from the government on Friday morning.

Second-quarter gross domestic product follows at 8:30 a.m. ET. It is expected to show growth slowing to 1.1 percent from 1.8 percent in the previous period.

The next event is the Chicago Purchasing Managers Index at 9:45 a.m. ET. Economists forecast a reading of 51.5, down from 51.6 in June.

The Federal Reserve's interest-rate decision and policy statement at 2 p.m. ET are perhaps the most important event of the session. Attention will focus closely on how aggressively the central bank plans to taper quantitative easing.

Earnings will be released in the morning by companies including Anheuser-Busch Inbev, Comcast, Humana, Huntsman, Hospira, MasterCard, and Phillips 66. CBS, Ctrip.com, Lam Research, Marriott, Williams, and Yelp follow after the closing bell.
Share this article with your friends


Related Stories

SPX

Jobless claims, Philly Fed on tap

December 18, 2014

Today's economic calendar features initial jobless claims and the Philadelphia Federal Reserve's regional-activity index.

SPX

Stocks try to rebound before Fed

December 17, 2014

S&P 500 futures are up about 0.4 a percent, despite losses of about 1 percent in Europe. Asia was modestly higher overnight, and oil continues to decline.

SPX

Last Fed meeting of year on tap

December 17, 2014

Weekly mortgage applications will be the main item in the United States at 7 a.m. ET. One big catalyst could be a parliamentary vote in Greece.

SPX

Stocks down as oil keeps falling

December 16, 2014

S&P 500 futures are down 0.6 percent, while the declines in Europe approach 1 percent. Asia was mixed overnight, with Tokyo and Mumbai retreating 2 percent and Shanghai rallying 2 percent.

SPX

Housing starts, permits on agenda

December 16, 2014

Economists expect housing starts of 1.035 million on an annualized basis in November. Permits are seen coming in at a 1.06 million pace.

tradeMONSTER: Trade free for 90 days

Premium Services

Archived Webinar

The Art of Trading: Forgiving the Spread

Education & Strategy

Know thy Greeks!

One of the most important roles played by the Option Pricing Model is the calculation of an important family of...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER