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GE earnings, housing data on tap

Real-estate numbers and consumer sentiment are the main items on today's agenda.

The Commerce Department will announce September housing starts and building permits at 8:30 a.m. ET. Economists forecast starts will increase to a 1.013 million annualized pace, up from 956,000 the previous month. Permits are expected to come in at 1.03 million versus 998,000 in August.

The University of Michigan's consumer-sentiment index for October follows at 9:55 a.m. It's forecast to show a reading of 84, compared with 84.6 the previous month.

Noteworthy companies announcing results include General Electric, Honeywell, Morgan Stanley, Textron, SunTrust Banks, Kansas City Southern, and Bank of New York Mellon.

Next week's calendar keeps the focus on earnings, with Halliburton the best-known company Monday morning. Apple, IBM, Texas Instruments follow in the afternoon. Monday also brings German producer-price data early and Chinese gross domestic product and retail sales in the evening.

Tuesday's only economic report is existing home sales. Coca-Cola, McDonald's, Lockheed Martin, Verizon, United Technologies, and Harley Davidson issue results in the morning. Yahoo, Broadcom, Discover Financial and Intuitive Surgical announce late.

Wednesday's premarket lineup includes Boeing, Ingersoll-Rand, EMC, Dow Chemical, General Dynamics, and Norfolk Southern. AT&T, Citrix Systems, Lam Research, and Teradyne report after the close. Mortgage applications, consumer prices and crude-oil inventories come out as well.

The following overnight session brings preliminary manufacturing indexes from China and Europe, followed in the U.S. by jobless claims. Caterpillar, Union Pacific, 3M, Comcast, Eli Lilly, General Motors, and Celgene announce results before the opening bell. Microsoft, Juniper Networks, Amazon.com, and Altera report in the afternoon.

New home sales are the only economic report Friday morning. The earnings lineup that day includes Ford Motor, Bristol Myers Squibb, United Parcel Service, and Colgate Palmolive.

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