Futures on the Dow Jones Industrial Average (INDEXDJX:DJI) are sitting slightly below breakeven this morning, following last week's 1% rally for the 30-stock index. Housing will be in focus during the last full trading week of June, with a slew of economic reports slated for release. In today's session, specifically, data on existing home sales is due at 10 a.m. ET. Elsewhere on the economic front, June's flash purchasing managers index (PMI) will hit the Street at 9:45 a.m. ET. This report comes in the wake of China revealing a better-than-expected PMI overnight, while the eurozone posted a weaker-than-forecast PMI.
Futures on the Dow Jones Industrial Average (INDEXDJX:.DJI) are 8 points below breakeven.
The Chicago Board Options Exchange (CBOE) saw 1,600,399 call contracts traded on Friday -- the most since March 21 -- compared to 825,912 put contracts. The resultant single-session put/call ratio rose to 0.52, while the 21-day moving average remained at 0.51.
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Earnings and Economic Data
The week kicks off with the flash PMI and existing home sales. MU and Sonic (SONC) will release earnings.
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