Wednesday, September 13, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • None of note
After the Close: 
  • (ADBE)/3.98
  • (CPRT)/.32
  • (LEN)/3.52
Economic Releases  

8:30 am EST

  • Retail Sales Advance MoM for Aug. is estimated +.1% versus a +.7% gain in July.
  • Retail Sales Ex Autos MoM for Aug. is estimated to rise +.4% versus a +1.0% gain in July.
  • Retail Sales Ex Autos and Gas for Aug. is estimated to fall -.1% versus a +1.0% gain in July.
  • Initial Jobless Claims for last week is estimated to rise to 225K versus 216K the prior week. 
  • Continuing Claims is estimated to rises to 1693K versus 1679K the prior week.
  • PPI Final Demand MoM for Aug. is estimated to rise +.4% versus a +.3% gain in July.
  • PPI Ex Food & Energy MoM for Aug. is estimated to rise +.2% versus a +.3% gain in July.

10:00 am EST

  • Business Inventories for July is estimated to rise +.1% versus unch. in June.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The ECB decision, Japan Industrial Production report, weekly EIA natural gas inventory report, B. Riley Consumer Conference, (STAA) investor day, (BRO) investor day, (BMY) R&D Day, UBS Fintech Leaders Conference and the (LH) investor day could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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