Wednesday, July 05, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • None of note
After the Close: 
  • (LEVI)/.03
Economic Releases  

7:30 am EST

  • Challenger Job Cuts report for June.

8:15 am EST

  • The ADP Employment Change for June is estimated to fall to 225K versus 278K in May.

8:30 am EST

  • The Trade Balance for May is estimated at -$69.0B versus -$74.6B in April.
  • Initial Jobless Claims for last week is estimated to rise to 245K versus 239K the prior week.
  • Continuing Claims is estimated to fall to 1740K versus 1742K prior.

10:00 am EST

  • JOLTS Job Openings for May is estimated to fall to 9900K versus 10103K in April.
  • ISM Services Index for June is estimated to rise to 51.3 versus 50.3 in May.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Eurozone retail sales reports, weekly MBA Mortgage Applications report and the EIA natural gas inventory report could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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