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Tuesday's trading: 5 things to know

Added 06-28-22 04:04:02am EST - “The key events taking place on Tuesday that could impact trading include both home sales data for April and the Consumer Confidence Index for June.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Tuesday's trading: 5 things to know”. Below is an excerpt from the article.

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HOME SALES DATA RELEASE: At 9 a.m. ET Tuesday, we’ll get a look at home prices for April from S&P CoreLogic Case-Shiller. There is no estimate for the non-seasonally adjusted 20-city index, but economists surveyed by Refinitiv expect the seasonally adjusted index to rise 2.0% month-over-month. For the year, home-price growth as measured by the 20-city index is anticipated to slip to 21.0% from a record 21.2% rise in March.

 A "House For Sale" sign is visible in front of an existing home in Park Ridge, Illinois. (Photo by Tim Boyle/Getty Images / Getty Images)

CONSUMER CONFIDENCE INDEX: The Conference Board will release its consumer confidence index for June at 10 a.m. ET Tuesday. It is expected to tumble 6 points, the second straight monthly decline, to 100.4, the lowest since February 2021. Confidence is down sharply from a post-pandemic high of 128.9 last June on inflation concerns.

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