At 8:30 a.m. ET, the Labor Department will release its weekly report on
initial jobless claims. According to Briefing.com, economists are
expecting claims to rise to 445,000 in the week ended July 17, from last
week's level of 429,000.
At 9:30 a.m. ET, Bernanke will give a second day of testimony on the
semiannual monetary policy report, this time, before the House Committee
on Financial Services.
The National Association of Realtors will report on June existing home
sales at 10 a.m. ET. Sales a