Major business and economic events scheduled for Tuesday:

All times are Eastern.

WASHINGTON — Commerce Department releases personal income and spending for June, 8:30 a.m.

WASHINGTON — Labor Department releases the employment cost index for the second quarter, a measure of wage and benefit growth, 8:30 a.m.

WASHINGTON — Standard & Poor's releases S&P/Case-Shiller index of home prices for May, 9 a.m.

WASHINGTON — The Conference Board releases the Consumer Confidence Index for July, 10 a.m.

WASHINGTON — Federal Reserve policymakers begin a two-day meeting to set interest rates.

Pfizer Inc. reports quarterly financial results before the market opens.

Apple Inc. reports quarterly financial results after the market closes.