U.S stock index futures were mixed as investors interpret a reading on durable goods orders and await a reading on new home sales.
New orders for long-lasting U.S manufactured goods rose more than expected in July, posting their biggest gain in two years and offering more evidence a modest recovery is starting to take shape. Durable goods orders jumped 4.9%, after falling by a revised 1.3% in July, previously reported as a 2.2% drop.
Separately, mortgage applications rose in the previous week, mostly from refinancing. At 10:00 am ET, the July new home sale figures are expected to show a 1.6% increase for the month, and at 10:30 am, the Energy Department will release its weekly read on oil inventories.
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