The day ahead in business

Reports: July consumer confidence, S&P Case-Shiller home price index for May, Redbook and ICSC-Godlman Sachs retail sales for period ending July 28

Local earnings: A.M. Castle & Co., Anixter International Inc., Arthur J. Gallagher & Co., Calamos Asset Management Inc., CFS Bancorp Inc., Equity Residential, Federal Signal Corp., Heidrick & Struggles Inc., Huron Consulting Group Inc., Illinois Tool Works, Navigant Consulting Inc., PCTel INc., Tellabs Inc.,Ziegler Cos. Inc.

Other earnings: Aetna Inc., Aflac Inc., American Express Co., Corning Inc., Dow Corning Corp., Dreamworks Animation SKG Inc., McGraw Hill Financial, Merck & Co. Inc., Panera Bread Co., Pfizer Inc., Spirit Airlines Inc., Tiwtter Inc., United Parcel Service Inc., U.S. Steel Inc. and others

Of note: Federal Reserve Open Market committee meeting begins