The day ahead: Friday


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.

The day ahead


Here’s what to expect on on Wednesday, Aug. 26:

Durable goods orders, new home sales data and earnings from Dollar Tree and Williams-Sonoma are among the highlights expected Wednesday.

* Orders for durable goods such as motor vehicles, aircraft and refrigerators probably rebounded in July, supporting views that the manufacturing sector is starting to heal.