Thursday, August 31, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • None of note
After the Close: 
  • None of note
Economic Releases  

8:30 am EST

  • The Change in Non-Farm Payrolls for Aug. is estimated at 170K versus 187K in July.
  • The Unemployment Rate for Aug. is estimated at 3.5% versus 3.5% in July.
  • Average Hourly Earnings MoM for Aug. is estimated to rise +.3% versus a .4% gain in July.
  • The Labor Force Participation Rate for Aug. is estimated at 62.6% versus 62.6% in July.

10:00 am EST

  • Construction Spending MoM for July is estimated to rise +.5% versus a +.5% gain in June. 
  • ISM Manufacturing for Aug. is estimated to rise to 47.0 versus 46.4 in July.
  • ISM Prices Paid for Aug. is estimated to rise to 44.0 versus 42.6 in July.

Afternoon:

  • Wards Total Vehicle Sales for Aug. is estimated to fall to 15.45M versus 15.74M in July.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Mester speaking and the China Manufacturing PMI report could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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