Housing leads data before holiday
David Russell | firstname.lastname@example.org
This week's calendar focuses on housing, with the market closed on Thursday for Thanksgiving.
Pending home sales for October will be reported at 10 a.m. ET today. Economists expect an increase of 1.3 percent, compared with a drop of 5.6 percent in the previous month. Qihoo 360 Technology and Seadrill will report earnings before the opening bell, followed by Nuance, Palo Alto Networks, and Perfect World in the afternoon.
Tomorrow brings housing starts, the Case-Shiller and FHFA Home Price indexes, consumer confidence, and the Richmond Federal Reserve's regional activity index. Tiffany, Children's Place, JA Solar, and LDK Solar report earnings in the morning, followed by Hewlett-Packard and TiVo in the afternoon.
Wednesday features durable-goods orders, initial jobless claims (moved forward one day), and the Chicago purchasing managers index.
The market reopens for a half-day on Friday.
Next week is busier, starting with important manufacturing data from China, Europe, and the United States. Attention then turns to key monthly employment numbers between Wednesday and Friday.
Stocks fall amid Yemen airstrikes
March 26, 2015
S&P 500 futures are down 0.7 percent, while the Nasdaq remained weaker with a drop of 1 percent. European indexes slid 1-2 percent, and Asia was broadly lower overnight. Oil and the yen are surging.
Jobless claims lead quiet calendar
March 26, 2015
The report at 8:30 a.m. ET is expected to show that 290,000 Americans sought unemployment benefits for the first time, down slightly from 291,000 the previous week.
Stocks edge lower, drifting in range
March 25, 2015
S&P 500 futures are down 0.1 percent as investors wait for the next catalyst. European stocks are lower as well, while Asia was little-changed overnight.
Stocks inch higher, lifted by Europe
March 24, 2015
S&P 500 futures rose 0.2 percent. They're following the move across the Atlantic, where Markit's purchasing managers index rose more than expected to its highest level in almost four years.
Cramer: Time to ring cash register
March 23, 2015
Let's not forget that greed is bad, not good. We have such fabulous gains here and you have to ask yourself if you have taken anything off the table.