Indicators to Watch this Morning

Durable goods orders is due before the market open. Economists surveyed by are forecasting orders for large-ticket items by businesses and consumers managed a 0.8% gain

A reading on new home sales comes later at 10 a.m. ET, with economists forecasting a drop in sales to a 13-year low.

At 10:30 a.m. ET comes the government report on U.S. fuel inventories. Oil prices rose ahead of the report, with a barrel of light, sweet crude adding $1.07 to $102.29 a barrel in early electronic trading.

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