ECONOMIC REPORTS Data will include the S. P./Case-Shiller housing price index for May; new home sales for June; consumer confidence for July (Tuesday); durable goods for June; the Federal Reserve’s beige book (Wednesday); weekly jobless claims and pending home sales for May (Thursday); second-quarter gross domestic product; the Chicago PMI and Thomson Reuters/University of Michigan consumer sentiment index for July (Friday).
CORPORATE EARNINGS Companies reporting include Kimberly-Clark, Netflix, Texas Instruments (Monday); 3M, AK Steel, Biogen Idec, CIT, Eastman Kodak, Ford, JetBlue Airways, Lockheed Martin, Office Depot, United Parcel Service, United States Steel, Amazon.com, RadioShack, DreamWorks Animation, Electronic Arts (Tuesday); Aetna, Boeing, ConocoPhillips, Corning, Delta Air Lines, Dr Pepper Snapple, Dow Chemical, General Dynamics, Nasdaq OMX, Northrop Grumman, WellPoint, Visa (Wednesday); Boston Scientific, Bristol-Myers Squibb, Colgate-Palmolive, DR Horton, DuPont, Exxon Mobil, Goodyear Tire and Rubber, International Paper, Kellogg; McGraw-Hill, the Pulte Group, Raytheon, Sprint Nextel, Waste Management, Starbucks (Thursday); Amgen, Chevron, Eastman Chemical, Merck, MetLife, Newell Rubbermaid and Weyerhaeuser (Friday).
IN WASHINGTON The Securities and Exchange Commission will meet to adopt new rules requiring large traders to report next-day transaction data when regulators request it; a House Energy and Commerce subcommittee will conduct a hearing on computer security; a House Oversight and Government Reform subcommittee will hold a hearing on the effect of E.P.A. regulations on job creation; a House Financial Services subcommittee will conduct a hearing on the effect of monetary policy on the economy with Thomas M. Hoenig, president of the Federal Reserve Bank of Kansas City (Tuesday); a House Transportation subcommittee will hold a hearing on the European Union’s emissions trading proposal; a House Financial Services subcommittee will conduct a hearing on oversight of credit rating agencies; a House Financial Services subcommittee will hold a hearing on the effect of the World Bank and multilateral development banks on national security and job creation (Wednesday); a House Oversight and Government Reform subcommittee will conduct a hearing on the effect of the Obama administration’s health care policy on businesses and their decisions to offer health insurance; a House Financial Services subcommittee will hold a hearing on insurance oversight (Thursday).
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