Data on housing and consumer confidence dominate today's economic calendar.
Two home-price indexes get the ball rolling at 9 a.m. ET: Case-Shiller and FHFA. Case-Shiller is expected to show appreciation of 11.6 percent in April, down from March's 12.4 percent gain. The FHFA number isn't tracked by economists.
Consumer confidence and new-home sales both follow at 10 a.m. ET. Confidence is estimated to come in at 84 for June, up from 83 the previous month. Sales are expected to run at a 440,000 annualized pace in May, compared with 433,000 in April.
Walgreen and Carnival report earnings before the opening bell.
Tomorrow's agenda includes durable-goods orders, weekly mortgage claims, and oil inventories, plus earnings reports from Monsanto, General Mills, and Bed Bath & Beyond.
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