Market Insider

Durables, housing data on tap but Greece takes center stage

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What is next in Greece?

Durable goods orders and new home sales data Tuesday could help substantiate that the U.S. economy is growing better than economists expected not too long ago.

Traders, however, are most focused on Greece this week and the slow progress being made in its ongoing talks with creditors.

"Greece is trumping everything at the moment, but the whole week is fairly well loaded with economic data," said Mark Luschini, Janney Montgomery chief strategist. European officials attending an emergency summit Monday vowed to continue talking but also cautioned that the two sides are still not in agreement.