Business

Futures rise to start week heavy with housing data

Posted November 18, 2013 6:51 am

Associated Press

NEW YORK — Stock futures are rising again in a week that will be loaded with new data on the housing market and minutes from the Federal Open Market Committee.

Dow Jones industrial futures are up 56 points to 15,969. S&P futures have gained 3.3 points to 1,796.80. Nasdaq futures are up 3.75 points to 3,420.25.

U.S. averages are treading near all-time highs and the S&P appears headed for its seventh consecutive week of gains.

The National Association of Home Builders releases its monthly survey Monday. That is followed by government reports on new construction and existing home sales Tuesday and Wednesday. Home-improvement retailers Lowe’s and Home Depot also report quarterly results this week.

On Wednesday, the U.S. Federal Reserve releases minutes from the October meeting of the Federal Open Market Committee.

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