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Tuesday, August 30, 2022

Tuesday Watch List

An index of U.S. home prices is due out at 8 a.m. CDT Tuesday, followed by an index of U.S. consumer confidence at 9 a.m. Traders will be watching the latest forecasts, checking the news from Ukraine and any clues from outside markets.

Weather

A cold front that produced widespread severe weather on Monday will continue to move south and east Tuesday. Though thunderstorms are not expected to be as strong as yesterday, there should be widespread coverage from Texas to the Northeast and points south of the front. Dryness and more seasonable temperatures are moving in behind the front, but readings still remain near or above normal for most areas.