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Before the bell: Futures waver ahead of economic reports, more earnings

 Oct 27, 2009 12:45 PM UTC
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Filed under: Before the bell, International markets, Market matters, BP p.l.c. ADS (BP), U.S. Steel (X), Valero Energy (VLO), Economic data, Johnson Controls (JCI), Oil

U.S. stock futures drifted higher Tuesday morning, pointing to a somewhat flat beginning on Wall Street this morning after yet another sell-off day Monday despite a series of strong earnings releases. Investors await several economic releases due out this morning, including housing and consumer confidence, looking for direction.

Economic releases this morning include September durable goods orders at 8:30 a.m. Eastern, which is expected to have risen. At 9 a.m., the August Case-Shiller Home Price Index is due out. Prices are expected to have continued their slide. At the same time, October's Conference Board reading on consumer confidence will be released. Economists expect confidence has improved slightly.

Continue reading Before the bell: Futures waver ahead of economic reports, more earnings

Before the bell: Futures waver ahead of economic reports, more earnings originally appeared on BloggingStocks on Tue, 27 Oct 2009 07:45:00 EST. Please see our terms for use of feeds.

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