Can U.S. markets move higher after a broad sell off Monday?  Two weeks ago trader overcame the broad sell off but future’s today look basically flat in pre-markets with implied opens for Dow Jones at 13.34, S&P 500 0.03 and the NASDAQ at 2.26 as of 8:40 a.m. ET.

Investors will have overcome the pressure from the European Union (EU) Summit that is set to start on Thursday and continue through Friday.

Investors will get the seconded of three housing market data points today at 9:00 a.m. ET when the S&P Case Shiller report on home prices are released. Analysts are expecting a 2.4% YoY increase in price for the top 20 markets against a 2.6% drop previously.

The Consumer Confidence Index will be released at 10 a.m. ET were analysts are looking for a drop to 63 in June from May’s 64.9

Moody’s downgraded 28 Spanish bank overnight while HSBC and Citi Bank lowered their forecast for China’s GDP.