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Home prices, consumer data on tap

Today's calendar features European data, home prices, and consumer confidence.

European economic sentiment will be announced early in the session and could affect sentiment before the opening bell.

The Case-Shiller home-price index for May is the first release in the United States, scheduled for 9 a.m. ET. Economists expect an increase of 10.5 percent, down from 12.1 percent in April.

Consumer confidence follows at 10 a.m. ET. Forecasters are looking for a reading of 81.6, up from 81.4 in June.

Earnings also remain busy, with Pfizer, Alliance Data Systems, Alcatel-Lucent, and Barclays scheduled for before the opening bell. MasterCard, Take-Two Interactive, Allergan, and Amgen follow in the afternoon.

Wednesday is even more active, including private-sector payrolls, second-quarter economic growth and the Federal Reserve's interest-rate decision.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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