FOX Business: Capitalism Lives Here
U.S. stock-index futures pushed higher Tuesday as traders parsed through data pointing to continued gains in American housing prices.
As of 9:02 a.m. ET, Dow Jones Industrial Average futures climbed 32 points, or 0.19%, to 16471, S&P 500 futures gained 3.5 points, or 0.19%, to 1838 and Nasdaq 100 futures advanced 6 points, or 0.17%, to 3572.
2013 has been a blockbuster year for equity investors. The broad S&P 500 has surged 29.1% in its best annual percentage gain since 1997. Both the Dow and the S&P 500 are at trading at record highs.
The data calendar is actually moderate for the New Years Eve trading session.
The S&P/Case-Shiller report showed home prices in 20 major metropolitan areas rose 0.2% from September to October, missing Wall Street estimates of a 0.7% pick-up. Year-over-year, prices spiked 13.6%, slightly beating estimates of a 13% increase.
At 9:45 a.m. ET, traders will get a reading on the Midwestern manufacturing sector with the release of the Institute for Supply Management-Chicago's PMI gauge. Then, at 10:00 a.m. ET, the Conference Board unveils its latest look at consumer confidence for the month of December.
In commodities, U.S. crude oil futures dipped 57 cents, or 0.57%, to $98.72 a barrel. Wholesale New York Harbor gasoline dipped 0.28% to $2.78 a gallon. Gold fell $4.20, or 0.35%, to $1,200 a troy ounce.