Monday, August 29, 2011

10 Things You Need To Know Before The Opening Bell (SPY, WFC, JPM)

  x You have successfully emailed the post. Good morning. Here's what you need to know. Asian indices were mostly up in overnight trading with the Bombay Stock Exchange up 3.58%. Europe is trading higher and U.S. futures point to a strong open.UK home prices fell for a fourth month in August, with the average cost of a home falling 0.1% from July, and down 3.7% from a year ago. Demand for homes is expected to fall further this year because of pressure on household incomes and weak consumer sentiment.Personal income and outlays for July will be released at 8:30 AM ET. Consensus is for a 0.3% month-over-month change in personal income and 0.5% month-over-month change in consumer spendingPending home sales index for July will be released at 10 AM ET. Consensus is for -1% month-over-month change in the index. Follow the release at Money Game >Hurricane Irene was downgraded to a tropical-storm but left parts of the east coast devastated. It has already killed 21 victims in eight states, and left millions without power and is expected to move to Canada today.Please Note: Business Insider will never share your information with any other companies. You also have the ability to unsubscribe from these newsletters at any time simply by following the unsubscribe link located at the bottom of each email

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