On Tap Today: Existing-Home Sales, Leading Economic Indicators Released

Two S&P 500 companies report earnings today, and the National Association of Realtors is out with its report on existing-home sales. That's right, it should be another mellow day -- at least in terms of volume -- for the market as it moves toward the new year.

There are also a number of smaller economic releases out today.

Earnings

Countrywide Credit Industries ( CCR) reports earnings before the market opens. And Shiloh Industries ( SHLO), a steel processor, reports earnings after the closing bell.

Economic Data

(Forecasts are from Reuters. Times are Eastern. For a longer-term economic calendar and more, see TSC's Economic Databank.)

  • 9 a.m.: BTM-UBSW Weekly Chain Store Sales Index for the week ended Dec. 16. Source: Bank of Tokyo-Mitsubishi and UBS Warburg. Forecast: n.a. Previous: -0.6%.
  • 10 a.m.: Leading economic indicators for November. Source: Conference Board. Forecast: n.a. Previous: -0.2%.
  • 10 a.m.: Existing-Home Sales for November. Source: National Association of Realtors. Forecast: 4.99 million. Previous: 4.96 million.
  • 10:30 a.m.: Redbook Retail Average for the month through Dec. 16, vs. November. Source: LJR Redbook. Forecast: n.a. Previous: -0.2%.
  • 1:30 p.m.: The Treasury announces the results of its monthly $10 billion two-year note auction.
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