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

Earnings of Note 
Company/Estimate 

Before the Open:

• (CONN)/-1.33
• (DG)/2.38
• (HRL)/.39
• (M)/.45
• (SPTN)/.59
  

After the Close: 

• (AVGO)/10.12
• (CHPT)/-.19
• (COO)/3.03
• (DELL)/.86
• (FIVE)/.63
• (LULU)/1.96
• (MDB)/.18
• (PD)/.09
• (S)/-.17
• (VMW)/1.55
• (ZS)/.42
• (ZUMZ)/-.86
  

Economic Releases 

7:30 am EST

• Challenger Job Cuts YoY for May.

8:15 am EST

• ADP Employment Change for May is estimated to fall to 170K versus 296K in April.
  

8:30 am EST

• Initial Jobless Claims for last week is estimated to rise to 235K versus 229K the prior week.
• Continuing Claims is estimated to rise to 1800K versus 1794K the prior week.
  

10:00 am EST

• Construction Spending MoM for April is estimated to rise +.2% versus a +.3% gain in March.
• ISM Manufacturing for May is estimated to fall to 47.0 versus 47.1 in April.
• ISM Prices Paid for May is estimated to fall to 52.3 versus 53.2 in April.

11:00 am EST

• Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,349,570 barrels versus a -12,456,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -832,710 barrels versus a -2,053,000 barrel decline the prior week. Distillate inventories are estimated to rise by +705,140 barrels versus a -561,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to rise by +.64% versus a -.3% decline prior.

Afternoon 

• Wards Total Vehicle Sales for May is estimated to fall to 15.3M versus 15.91M in April.

Upcoming Splits

• None of note
  

Other Potential Market Movers

• The Fed's Harker speaking, Eurozone Retail Sales report and the weekly EIA natural gas inventory report could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST