An investor looks at the stock price monitor at a private securities company in Shanghai, China, Monday, July 29, 2013. Asian stock markets fell Monday as traders awaited a packed schedule of data releases this week in the U.S. and a key meeting of the Federal Reserve. (AP Photo)
Monday, July 29, 2013 7:59 am
Futures head lower to kick off a busy week
The Associated Press
On top of events already on the schedule, the parent of Lord & Taylor announced early Monday that it would buy the luxury retailer Saks for about $2.4 billion.
Dow Jones industrial futures are down 29 points to 15,469. S&P futures have lost 3.8 points to 1,682.80. Nasdaq futures are down 5.5 points to 3,065.
The National Association of Realtors issues its June index of pending home sales Monday, the S&P/Case-Shiller home-price index arrives Tuesday, followed by the Fed's two-day policy meeting, which ends on Wednesday.
Companies posting earnings this week include Sprint, Kellogg, Pfizer, LinkedIn and Exxon Mobil.