Market News

August 28, 2013  Wed 2:14 AM CT

Today's calendar includes two minor housing-related numbers.

MBA will announce weekly mortgage applications for home loans at 7 a.m. ET. The National Association of Realtors follows with pending home sales for July at 10 a.m. ET. Economists expect an increase of 0.2 percent versus a 1 percent decline the previous month.

The Energy Department is also scheduled to report changes in crude-oil inventories 30 minutes later. Given this week's tensions with Syria, the numbers will probably take a back seat in terms of importance to developments in the Middle East.

Potentially important earnings reports include retailer Express and coal-mining machine company Joy Global, both of which report before the opening bell. Shanda Games and Guess follow in the afternoon.
News Archives
OptionsHouse

Education & Strategy

Election Sector Rotation

Sector rotation is the process where mutual funds, portfolio managers, and investors in general, shift their investments from one sector of the economy to another.

More education articles »