December E-mini S&Ps (ESZ14 +0.69%) this morning are up +0.65% at a record high and European stocks are up +2.03% at a 1-1/2 month high after China cut interest rates for the first time in over 2 years.

Retail giant Wal-Mart Stores, Inc. has been seeking new ways to boost revenue amid macro-economic headwinds like budget-strained customers, reductions in government benefits, higher taxes, tighter credit and higher group health care costs.

September E-mini S&Ps (ESU14 +0.31%) this morning are up +0.24% on optimism that this morning's ADP employment report will show solid gains in employment last month, while European stocks are little changed ahead of the results of today's ECB meeting.

Whether competitive or simply for fun, the sports industry is huge. In fact, the global market is expected to reach $303 billion by 2015.

The market is expecting today's July new home sales report to show a +5.4% increase to 428,000.

Welcome back to the ‘This Week on Estimize’ podcast series. In our latest episode I’m joined by Dan Schleifer, Co-Founder of ChartIQ, to discuss another week of earnings.