Tomorrow's Earnings/Economic Releases of Note; Market Movers

Earnings of Note 
Company/Estimate 

Before the Open: 

• (ALGT)/2.30
• (GOLD)/.12
• (EAT)/1.19
• (BG)/3.24
• (CDW)/2.03
• (CVS)/2.09
• (EMR)/.98
• (EL)/.51
• (EXC)/.66
• (FDP)/.60
• (GRMN)/1.01
• (GNRC)/.50
• (HBI)/-.07
• (KHC)/.60
• (LPX)/.05
• (MUR)/.98
• (PSX)/3.56
• (SMG)/3.47
• (SPWR)/.00 
• (UTHR)/4.71
• (WING)/.45
• (WWE)/.41
• (YUM)/1.13
  

After the Close: 

• (ALB)/7.05
• (ALL)/-1.01
• (APA)/.97
• (CTSH)/1.05
• (DEN)/1.38
• (ETSY)/.90
• (FSLY)/-.10
• (HST)/.48
• (IR)/.52
• (KTOS)/.04
• (KLIC)/.26
• (LMND)/-1.08
• (MRO)/.58
• (MELI)/3.31
• (MET)/1.86
• (MOS)/1.25
• (MYGN)/-.19
• (NE)/.11
• (PSA)/3.99
• (QCOM)/2.16
• (RYN)/.10
• (STAA)/.09
• (RGR)/.97
• (SUM)/-.36
• (SYNA)/1.86
• (TRIP)/.06
• (OLED)/.82
• (VSTO)/.90
• (WERN)/.71
• (WMB)/.49
• (YELL)/-.88
• (ZG)/.10
  

Economic Releases

8:15 am EST:

• The ADP Employment Change for April is estimated to rise to 148K versus 145K in March.
  

10:00 am EST:

• The ISM Services Index for April is estimated to rise to 51.8 versus 51.2 in March.
• ISM Services Prices Paid for April.
  

10:30 am EST:

• Bloomberg consensus estimates call for a weekly crude oil inventory decline of -481,570 barrels versus a -5,054,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -936,430 barrels versus a -2,408,000 barrel decline the prior week. Distillate inventories are estimated to fall by -904,140 barrels versus a -577,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to rise by +.47% versus a +.3% gain prior.

2:00 pm EST

• The FOMC is expected to raise the benchmark Fed Funds rate +25.0 basis points to 5.0-5.25%.

Upcoming Splits

• (SMH) 2-for-1
  

Other Potential Market Movers

• The FOMC Press Conference, China Services PMI report, weekly MBA Mortgage Applications report and the (PGR) investor event could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST