The S&P/Case-Shiller home price index, which tracks monthly changes in the value of residential real estate in 20 metropolitan regions across the U.S., is scheduled to be released at 9:00 AM ET. Economists expect an 18.5% year-over-year decline in the 20-city composite house price index in January.

The greenback held steady against its major counterparts ahead of the report. As of 8:50 am ET, the US dollar was worth 98.55 against the Japanese yen, 1.1372 versus the Swiss franc, 1.4327 against the pound and 1.3325 per euro.

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