The day ahead: Wednesday

October 27, 2009

Oil price gains may be starting to help ConocoPhillips’ bottom line, but its fleet of refineries is likely to show the strain when the company reports quarterly earnings.

*  Economic optimists should have a few reasons to cheer from durable goods and housing sales figures — neither of which is expected to be worse than the previous month.

*  A Senate banking subcommittee examines high-frequency trading, naked access and other recent market developments.

*  The impact of the weak economy will loom over the third-quarter results of WellPoint, the largest U.S. health insurer by membership that has been grappling with membership declines as companies lay off workers.

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