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

Earnings of Note 
Company/Estimate 

Before the Open:

• (AMG)/4.24
• (T)/.60
• (BA)/-.89
• (CME)/2.20
• (KO)/.72
• (FI)/1.79
• (GD)/2.56
• (GPI)/11.08
• (HES)/.52
• (HLT)/1.58
• (MNRO)/.38
• (ODFL)/2.63
• (OTIS)/.86
• (OC)/3.25
• (PAG)/4.17
• (DGX)/2.27
• (R)/2.89
• (TDY)/4.63
• (TMO)/5.43
• (UNP)/2.74
  

After the Close: 

• (AEM)/.55
• (ALGN)/2.04
• (CMG)/12.31
• (CLS)/.47
• (EBAY)/.99
• (EW)/.65
• (FLEX)/.51
• (LHX)/2.94
• (LRCX)/5.07
• (LSTR)/1.81
• (META)/2.91
• (MYRG)/1.28
• (ORLY)/10.08
• (PTEN)/.44
• (PPC)/.33
• (RJF)/2.15
• (STX)/-.27
• (NOW)/2.05
• (TER)/.66
• (URI)/9.01
• (VMI)/4.08
• (WH)/.91
  

Economic Releases  

10:00 am EST

• New Home Sales for June is estimated to fall to 725K versus 763K in May.
  

10:30 am EST

• Bloomberg consensus estimates call for a weekly crude oil inventory decline of -2,122,830 barrels versus a -708,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -1,590,830 barrels versus a -1,066,000 barrel decline the prior week. Distillate inventories are estimated to fall by -821,500 barrels versus a +13,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to fall to rise +.07% versus a +.6% gain prior.
  

2:00 pm EST

• The FOMC is expected to raise the benchmark Fed Funds Rates +25.0 basis points to 5.25%-5.5%.
  

Upcoming Splits 

• None of note
  

Other Potential Market Movers

• The Fed press conference, weekly MBA Mortgage Applications report, Australia CPI report and the 7Y T-Note auction could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST