The main event on today's economic calendar is the afternoon release of the Federal Open Market Committee minutes from its last meeting.
The only other item of note is existing home sales for July, which will be announced at 10 a.m. ET. The consensus forecast calls for 5.1 million sales, up from June's 5.08 million.
The Federal Reserve minutes will be released at 2 p.m. ET. The transcript will be read closely for clues about possible changes in monetary policy as soon as next month.
That Fed will remain in focus tomorrow as it opens its annual meeting in Jackson Hole, Wy., though its significance is less clear than in years past because of the notable absence of Chairman Ben Bernanke. Vice Chair Janet Yellen is scheduled to make an appearance on Friday.
Companies reporting quarterly results this morning include Lowe's, Target, Staples, Toll Brothers, American Eagle Outfitters, and J.M. Smucker, PetSmart, and Madison Square Garden. Hewlett-Packard, Limited Brands, Synopsis, and Hain Celestial will report earnings after the close.
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