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Economic
08:30 GDP-Adv. (Q2): 2.5% cons.
08:30 Chain Deflator Adv. (Q2): 1.1% cons.
8:30 Employment Cost Index (Q2): 0.5% cons.
09:45 Chicago PMI (Jul.): 56.5 cons.
09:55 Michigan Sentiment Final (Jul.): 67.5 cons.

TOP FINANCIAL NEWS

Stocks: Down Day, Strong July

Wall St falls on tech outlook worries

Citi Pays for Subprime Feint

Citigroup will pay $75 million to settle regulatory charges that it failed to disclose $40 billion in subprime exposure to investors in the second and third quarters of 2007

Wyly Brothers Face SEC Fraud Charges

BUSINESS NEWS

After Hours Summary
PWER +13.0%, CSTR -6.8%, FSLR -4.0% Following Earnings Results
Companies trading higher in after hours in reaction to earnings
PWER +13.0%, EXPE +4.4%, SUN +3.9%, MXIM +3.3%... Companies trading lower in after hours in reaction to earnings: APKT -13.2%, THOR -13.1%, CAVM -9.3%, WFR -7.2%, CSTR -6.0%, FSLR -4.1%, WYNN -3.4%...
Companies trading lower in after hours in reaction to news: GOOG -1.5% (Google sinks to $475 in after-hours on news that Chinese search is blocked... Chinese competitor BIDU spikes 2+ pts to 81.69).

Earnings

Before: AXL, AEP, AGP, AON, AIV, ACI, BLC, BIOS, BWA, BW, CSE, CVX, SUR, CVH, UFS, ENDP, FSS, FO, HMSY, IBI, ITT, LPX, MCK, MDC, MRK, MGI, TYPE, MOG/A, NWL, GAS, PFS, PEG, RUTH, SPQ, UPL, VOLC, WY
After: BVN
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Market Focus » International Perspective » Simply Economics » New Home Sales 10:00 AM ET 4-Week Bill Announcement 11:00 AM ET 3-Month Bill Auction 11:30 AM ET 6-Month Bill Auction 11:30 AM ET	ICSC-Goldman Store Sales 7:45 AM ET Redbook 8:55 AM ET S&P Case-Shiller HPI 9:00 AM ET Consumer Confidence 10:00 AM ET State Street Investor Confidence Index 10:00 AM ET 4-Week Bill Auction 11:30 AM ET 52-Week Bill Auction 11:30 AM ET 2-Yr Note Auction 1:00 PM ET	MBA Purchase Applications 7:00 AM ET Durable Goods Orders 8:30 AM ET EIA Petroleum Status Report 10:30 AM ET 5-Yr Note Auction 1:00 PM ET Beige Book 2:00 PM ET	Weekly Bill Settlement Jobless Claims 8:30 AM ET EIA Natural Gas Report 10:30 AM ET 3-Month Bill Announcement 11:00 AM ET 6-Month Bill Announcement 11:00 AM ET 7-Yr Note Auction 1:00 PM ET Money Supply 4:30 PM ET	GDP 8:30 AM ET Employment Cost Index 8:30 AM ET Chicago PMI 9:45 AM ET Consumer Sentiment 9:55 AM ET Farm Prices 3:00 PM ET
Equity Settlement 7-29-10	Equity Settlement 7-30-10	Equity Settlement 8-02-10	Equity Settlement 7-03-10	Equity Settlement 8-04-10

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BUSINESS WEEK MARKET ANALYSIS

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Technology: Tech Stocks

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