Housing, retail data lead week's data
Mike Yamamoto | email@example.com
No major economic reports are scheduled during today's trading session, which will end early at 1 p.m. ET. Data will pick up when the market resumes regular hours after Christmas Day.
The weekly MBA mortgage-purchase applications will be released on Wednesday at 7 a.m. ET. Economists do not provide estimates for this report.
The ICSC-Goldman Store Sales report will be announced at 7:45 a.m. ET, followed by the weekly Redbook retail sales release at 8:55 a.m. ET. These numbers may take on more importance than usual because of last-minute holiday shopping.
The Case-Shiller housing index will come out at 9 a.m. ET. No forecasts are available for this release either, but the last report shows an increase of 3 percent in home prices.
The Richmond Fed Manufacturing Index is scheduled for 10 a.m. ET.
Thursday will see data on jobless claims, new home sales, consumer confidence, and natural-gas inventories. Friday's reports include pending home sales, oil supplies, and the Chicago Purchasing Managers Index.
Stocks parked in neutral before Fed
June 19, 2013
Equities are little-changed this morning after a strong close yesterday as investors brace for the Federal Reserve's announcement at 2 p.m. ET.
Market attention fixed squarely on Fed
June 19, 2013
The main question is whether the pace of asset purchases will be slowed, though it isn't clear how much of a reduction is currently priced into stocks.
Futures edging higher at key levels
June 18, 2013
S&P 500 futures are fractionally higher, while most overseas markets have posted small gains. Perhaps most importantly, the Japanese yen continued to weaken against the U.S. dollar and euro.
Stocks set to begin the week higher
June 17, 2013
S&P 500 futures are up more than half a percent while European indexes are gaining more than a full percentage point. Perhaps most important was a rally of almost 3 percent in Tokyo.
Futures hover after yesterday's rally
June 14, 2013
S&P 500 futures are fractionally higher and European indexes are seesawing in a range, though mostly positive. Asia gained in the overnight session, led by a 2 percent move in Tokyo.