Hang Seng (Hong Kong): -0.13% today.
Australia: -0.17% today.
Nikkei 225 (Japan): -2.64% today.
Europe is down slightly at mid-day:
FTSE 100 (UK): +0.5% at 11:30 AM.
DAX (Germany): +0.14% at 12:30 PM
CAC 40 (France): +0.05% at 12:30 PM
SPY pre market open: +0.0% at 105.15 at 7 AM EST
QQQQ pre market open: -0.5% at 7:00 AM
Probably a lower opening since the Nasdaq is down and leads the S&P.
Economic Indicators: Durable goods orders is announced at 8:29 AM EST. It is expected to show a 0.4% rise in August over July. July’s increase was 5.1% mostly from cash for clunkers. If you take out transportation, the durable goods increase is expected to rise 1%. So car sales are now a drag on durable good orders.
The Michigan Sentiment survey for September is expected to be unchanged at 70.5.
New home sales for August is announced at 9:59 AM. It is expected to show that 440K homes were sold compared to 433K the month before.
Earnings Announcements: KB Homes (KBH) a home builder, announces earnings before the market opens.
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