Tuesday, January 23, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ABT)/1.19
  • (ASML)/5.16
  • (T)/.57
  • (FCX)/.23
  • (GD)/3.68
  • (KMB)/1.54
  • (MNRO)/.39
  • (EDU)/.26
  • (SAP)/1.72
  • (SF)/1.31
  • (TDY)/5.04
  • (TXT)/1.53
After the Close: 
  • (AEM)/.46
  • (CACI)/4.48
  • (CP)/1.11
  • (CLS)/.68
  • (CCI)/1.79
  • (CSX)/.44
  • (ETD)/.76
  • (IBM)/3.79
  • (KNX)/.44
  • (LRCX)/7.12
  • (LVS)/.61
  • (RJF)/2.24
  • (STX)/-.06
  • (NOW)/2.78
  • (SLG)/.90
  • (TSLA)/.73
  • (URI)/10.70 
  • (PGR)/2.43
Economic Releases

9:45 am EST

  • S&P Global US Manufacturing PMI for Jan. is estimated to fall to 47.6 versus 47.9 in Dec.
  • S&P Global US Services PMI for Jan. is estimated to rise to 51.5 versus 51.4 in Dec.
  • S&P Global US Composite PMI for Jan. is estimated to rise to 51.0 versus 50.9 in Dec.

10:30 am EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory decline of -907,800 barrels versus a -2,492,000 barrel decline the prior week. Gasoline supplies are estimated to rise by +1,414,400 barrels versus a +3,083,000 barrel gain the prior week. Distillate inventories are estimated to rise by +578,200 barrels versus a +2,370,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to fall by -.58% versus a -.3% decline prior.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The 5Y T-Note auction, weekly MBA Mortgage Applications report, TD Securities Mining Conference, JPMorgan Healthcare Conference, (AYI) annual meeting, (JACK) investor day, (J) annual meeting, (KMI) investor day and the Maxim Healthcare IT Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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