Market News

July 29, 2013  Mon 1:47 AM CT

This week begins quietly but works up to a heavy stream of economic data and corporate earnings.

Pending home sales for June, at 10 a.m. ET, is the only report scheduled for today. It's expected to show a decline of 1.7 percent, compared with a gain of 6.7 percent in May. Quarterly corporate results come after the closing bell from names including building-materials maker Masco, weight-loss company Herbalife, and construction company Jacobs Engineering.

Tomorrow features European economic sentiment, the Case-Shiller index of home prices, and consumer confidence.

Wednesday brings the start of jobs data, with ADP's private-sector payrolls report, second-quarter gross domestic product, and the Federal Reserve's interest-rate decision.

Thursday includes central bank news from England and Brussels, plus initial jobless claims in the United States and the mportant Institute of Supply Management manufacturing index.

It ends with a bang Friday morning when the Labor Department issues the key monthly non-farm payrolls report.
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