The day ahead: Friday

September 24, 2009

Amongst statements from the G20 talks on nurturing the fragile economic recovery, investors will be eyeing results from KB Home and durable goods orders data.

*  Leaders of the world’s 20 biggest economies conclude their meeting in Pittsburgh.

*  U.S. homebuilder KB Home reports third-quarter financial results. Wall Street is looking for a sharply narrower net loss than the company recorded a year earlier.

*  New orders for long lasting U.S. manufactured goods probably rose for a second straight month in August, according to a Reuters survey.

*  Government data is expected to show sales of newly built U.S. homes rose to their highest level in a year in August.

Comments

I have had better decades.

 

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