Tuesday, November 30, 2010

Market Notes - November 30, 2010

U.S. stock futures pointed to a lower start, influenced by worries of troubled European debt.

Economic data will be back in the spotlight today with reports on housing, manufacturing, and confidence. At 9:00 am ET, the S&P Case-Shiller home price index is expected to show a 1.0% increase in September after a 1.7% rise the month before. Shortly after that, a measure of manufacturing in the Chicago area is expected to show that activity slowed slightly, but still reflect expansion. At 10:00 am, the Conference Board will release its index of consumer confidence. The index is expected to have increased in November.