Stock futures uncertain after two days of losses Home builders in focus; GE agrees life sciences deal
The National Association of Home Builders' June index dropped four points to 42, the lowest level since April 1995, pressuring U.S. home builders
May housing starts will be the key economic report of Tuesday, with analysts polled by MarketWatch seeing starts edge up to 1.86 million from 1.85 million last month. That data is due out at 8:30 a.m. Eastern.
Crude oil futures bounced back in electronic trade, with the July contract -- due for expiration later in the day -- up 60 cents to $69.58 a barrel. The Chinese government agreed to use Saudi Arabian oil in its strategic reserves.
8:20 Gold futures up 60 cents at $573 an ounce
DOW Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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