The S&P/Case-Shiller home price index, which tracks monthly changes in the value of residential real estate in 20 metropolitan regions across the U.S., is scheduled to be released at 9:00 am ET. Economists expect a seasonally adjusted 0.4 percent month-over-month increase in the 20-city composite house price index for April.
The US dollar held steady against its major opponents ahead of the report. As of 8:55 am ET, the greenback was trading at 1.5587 against the pound, 79.40 against the yen, 1.2470 versus the euro and 0.9635 against the Swiss franc.
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