Wednesday, August 16, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (DOLE)/.34
  • (LITE)/.56
  • (SPTN)/.64
  • (TPR)/.97
  • (PLCE)/-2.13
  • (WMT)/1.71
After the Close: 
  • (AMAT)/1.74
  • (BILL)/.41
  • (ROST)/1.16
Economic Releases   
8:30 am EST
  • Initial Jobless Claims for last week is estimated to fall to 240K versus 248K the prior week.
  • Continuing Claims is estimated to rise to 1700K versus 1684K prior.
  • The Philly Fed Business Outlook Index for Aug. is estimated to rise to -10.2 versus -13.5 in July.
10:00 am EST
  • The Leading Index for July is estimated to fall -.4% versus a -.7% decline in June.

Upcoming Splits 

  • (AAON) 3-for-2
Other Potential Market Movers
  • The Australia employment data, weekly EIA natural gas inventory report, (DFS) business update and the (UHAL) analyst meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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