On The Fly: Morning Wrap-Up for May 26 Globex S&P futures are recently down 8.25 from previous day’s SPX cash close. Nikkei 225 up 0.12%, DAX down 0.68%. WTI Crude oil is recently at $59.36, natural gas down 0.30%, gold at $1195 an ounce, copper down 0.43%.
U.S. New Home Sales Preview U.S. New Home Sales Preview: April new homes data is out Tuesday and the headline is seen rising 2.9% to a 495k (median 503k) unit pace from 481k in March. Housing starts for the month were already released and revealed big gains with the headline rising to 1,135k in April from 944k in March.