U.S. Day Ahead: Back to the Fed as S&P flirts with records
Tuesday, March 26, 2013 - 02:12
Mar 26 - Investors will likely focus on three key Fed speakers for more clues about the economy and the future of QE3, as the S&P 500 flirts with all-time highs.
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Just two point shot at a record for the S&P 500 focus on three fed speakers for -- about the future of the central bank's massive stimulus program. We'll hear from Boston president Eric Rosen -- Cleveland had sent her and also and Minneapolis is not early on and put your -- them. Our DC team says investors should pay special attention to Rosen grant. And outspoken supporter of 85 billion dollar bond buying program and votes on policy. She will be what he thinks about the economy he's calling for 3% growth in the second half of this year. Which she says is not enough to put a significant dent in unemployment. Expect to see signs of housing cooling down with the release of pending home sales Seles at the slip by 2%. After spiking in January this after sales of new homes recently slipped. Despite the decline the market should be strong and have to continue to absorb distressed properties and exiting inventory. Your danger digit is a drop of two and a half percent or more that could mean sales may have peaked for now. 3-D printing stocks are bubble about to burst or the savior -- manufacturing. Will get another piece of the puzzle one X one reports results after the close. -- the first earnings report since the company went public in February. Expected to see a profit of eight cents a share three -- -- it -- a lot of controversy recently short selling and your left from Citron research says quote. Appearances have become completely unhinged from reality. President Obama described the technology is revolutionary. In any case markets like with the CX one shares are up nearly 25%. In the past month. Follow us on Twitter at Reuters Insider and get more of our great videos -- Reuters dot com slash Reuters TV. On Wednesday Reuters Rhonda schaffler is in New York auto show. -- speak to top bosses from the industry including Nissan's Carlos gone. BMW North America as the good Willis and jaguar land rovers Ralph state. The big question will they be able to keep revving up sales and 2013. In nature he can't solve run his latest tweaks from about a Hewlett Rhonda. I'm Fred Katayama and this is what it.
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