Wednesday, December 13, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (JBL)/2.58
After the Close: 
  • (COST)/3.41
  • (LEN)/4.59
Economic Releases

8:30 am EST

  • Retail Sales Advance MoM for Nov. is estimated to fall -.1% versus a -.1% decline in Oct.
  • Retail Sales Ex Autos MoM for Nov. is estimated to fall -.1% versus a +.1% gain in Oct.
  • Retail Sales Ex Autos and Gas for Nov. is estimated to rise +.2% versus a +.1% gain in Oct.
  • Initial Jobless Claims for last week is estimated at 220K versus 220K the prior week.
  • Continuing Claims is estimated to rise to 1879K versus 1861K prior. 
  • The Import Price Index MoM for Nov. is estimated to fall -.8% versus a -.8% decline in Oct.
  • The Import Price Index Ex Petrol for Nov. is estimated to fall -.2% versus a -.2% decline in Oct.
  • The Export Price Index MoM for Nov. is estimated to fall -1.0% versus a -1.1% decline in Oct.

10:00 am EST

  • Business Inventories for Oct. is estimated to fall -.1% versus a +.4% gain in Sept.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The 4Q Atlanta Fed GDPNow update, Fed's balance sheet report, IEA monthly report, EIA natural gas inventory report, (INTC) investor meeting, (MCO) business update, (COHR) business update and the (REGN) business update could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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