Wednesday, December 06, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (CIEN)/.69
  • (DG)/1.20
After the Close: 
  • (AVGO)/10.96
  • (COO)/3.48
  • (DOCU)/.63
  • (LULU)/2.28
  • (RH)/.94
  • (SWBI)/.18
  • (MTN)/-4.59
  • (FIZZ)/.47
Economic Releases
7:30 am EST
  • Challenger Job Cuts YoY for Nov. 

8:30 am EST

  • Initial Jobless Claims are estimated to rise to 220K versus 218K the prior week.
  • Continuing Claims are estimated to fall to 1910K versus 1927K prior.

10:00 am EST

  • Wholesale Trade Sales MoM for Oct. is estimated to rise +1.0% versus +2.2% gain in Sept.

12:00 pm EST

  • 3Q Household Change in Net Worth.
3:00 pm EST
  • Consumer Credit for Oct. is estimated to fall to $8.5B versus $9.057B in Sept. 

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Atlanta Fed GDPNow 4Q update, Fed's balance sheet report, weekly EIA natural gas inventory report, Barclays TMT Conference, (DPZ) investor day, (MRNA) investor day, (MSFT) annual meeting and the (CPRT) annual meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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