Gary Siegel

The consumer confidence index increased to 127.4 in July from a revised 127.1 last month.

The seasonally adjusted Milwaukee Report on Business increased to 61.66 in July from 60.18 in June.

Home prices rose 6.4% on an annual basis in May, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.

Personal income rose 0.4% in June following an unrevised 0.4% increase in May, the Commerce Department reported Tuesday.

The June Midwest Economy Index slipped to 0.40 from an upwardly revised 0.58 in May.

Texas factory activity growth, as measured by the production index, suggested a “robust expansion.”

Pending home sales gained 0.9% to an index reading of 106.9 in June.

The market will have to wait for meeting minutes to learn policy makers' thinking on the accelerating GDP, the yield curve, interest rates, and trade wars.

The University of Michigan's July consumer sentiment index reading was 97.9, compared to the preliminary July 97.1.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported strong activity and increased optimism in July.

Service sector “activity remained strong in July,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing growth in the central Atlantic region “expanded at a slower pace in July.”

The region's services sector “continued to expand,” as the general business conditions index rose to 44.3 in July from 39.1 in June.

Existing home sales fell 0.6% to a seasonally adjusted 5.38 million-unit rate in June.

The Chicago Fed National Activity Index for June reversed to positive 0.43 from a downwardly revised negative 0.45 in May.

The Federal Open Market Committee needs to be cautious on monetary policy or the yield curve could invert, Federal Reserve Bank of St. Louis President James Bullard said.

The composite of the Leading Economic Index was up 0.2% in June following a revised flat reading in May, the Conference Board said Thursday.

Manufacturers report continued expanding in July, and the Federal Reserve Bank of Philadelphia Report on Business respondents reported “widespread increases for purchased inputs.”

The Federal Reserve should get monetary policy to a neutral stance, but that could be “challenging,” Federal Reserve Bank of Kansas City President Esther George said.

Builders’ confidence in the market for new single-family homes held steady as the National Association of Home Builders' housing market index remained at 68.