Futures mixed at budget fight simmers

Associated Press + More

NEW YORK (AP) — U.S. stock futures are mixed with a confrontation over the budget looming.

Investors are also getting a better gauge of the housing market Tuesday with a pair of earnings releases, as well as July pricing data from S&P/Case-Shiller and the Federal Housing Finance Agency.

Dow Jones industrial futures are down 6 points to 15,320. S&P futures have lost 2.2 points to 1,690.50. Nasdaq futures are up 1.25 points to 3,210.25.

Lennar is reporting a 39 percent spike in quarterly profit on healthy home sales. KB Home reports as well Tuesday.

Shares of major U.S. homebuilders are rising in early trading.

S&P/Case-Shiller and the FHFA release July home price figures at 9 a.m. Eastern.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.