Futures Mixed Ahead of Revised Q3 GDP, Existing Home Sales Data

December 22, 2010 8:05 AM EST
US stock futures are about flat this morning ahead of an always-important revised GDP reading for the third quarter.

Dow Jones futures are currently up just 1 point, Nasdaq 100 futures are down 1.5, and S&P 500 futures are up 0.3.

Economists are currently looking for a revised Q3 GDP reading of 2.8%, what would be up modestly from the first revised GDP reading of 2.5%. This piece of data will be released at 8:30am ET.

Elsewhere on the economic data front, homebuilders will get an indication of existing home sales for the month of November. The number is expected to rise from 4.43 million in October to around 4.75 million last month.

In overseas trading, the Euro Stoxx index fell modestly, while the FTSE 100 was up almost 0.4%.


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