Wednesday, August 23, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (FRO)/.84
  • (NTES)/9.14
  • (TD)/1.51 
  • (WB)/.51
  • (BURL)/.44
  • (HAIN)/.10
  • (WOOF)/.06
  • (DLTR)/.87
After the Close: 
  • (JWN)/.45
  • (WDAY)/1.26 
  • (INTU)/1.43
  • (AFRM)/-.87
  • (ULTA)/5.85
  • (GPS)/.09
Economic Releases   
8:30 am EST
  • Initial Jobless Claims for last week are estimated to rise to 240K versus 239K the prior week.
  • Continuing Claims are estimated to fall to 1705K versus 1716K prior.
  • Chicago Fed National Activity Index for July is estimated to rise to -.22 versus -.32 in June.
  • Durable Goods Orders for July is estimated to fall -4.0% versus a +4.6% gain in June.
  • Durables Ex Transports for July is estimated to rise +.2% versus a +.5% gain in June.
  • Cap Goods Orders Non-Defense Ex-Air for July is estimated to rise +.1% versus a +.1% gain in June.
11:00 am EST
  • The Kansas City Fed Manufacturing Activity Index for Aug. is estimated to rise to -10 versus -11 in July.

Upcoming Splits 

  • (AMC) 1-for-10
Other Potential Market Movers
  • The ECB minutes, weekly EIA natural gas inventory report and the (SHW) Financial Presentation could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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