A day after markets tanked on growing concerns over Spain and Greece, the Dow Jones Industrial Average
Countering the malaise out of Europe was a report from China that showed its manufacturing contraction improving in July as the Purchasing Managers' Index rose from 48.2 to 49.5. (A figure greater than 50 indicates growth.) Asian stocks were mixed in trading, while European markets were headed slightly down.
Two Dow stocks reported earnings this morning. Diversified chemical-maker DuPont
Shares of AT&T
Other earnings reports Foolish investors may want to watch for after markets close today include Apple, Netflix, and Buffalo Wild Wings.
One economic report of note comes out today: the New Home Sales report, due at 10 a.m. EDT. The market is expecting June sales of 373,000, up from 369,000 in May. A sharp increase could be an indication of an overall recovery in the economy.
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Fool contributor Jeremy Bowman owns shares of Apple. The Motley Fool owns shares of Apple, Netflix, and Buffalo Wild Wings. Motley Fool newsletter services have recommended buying shares of Buffalo Wild Wings, Apple, and Netflix. Motley Fool newsletter services have recommended creating a bull call spread position in Apple. Motley Fool newsletter services have recommended writing covered calls on Buffalo Wild Wings. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.