Thursday, January 04, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ANGO)/-.08
  • (STZ)/3.02
  • (GBX)/.75
After the Close: 
  • None of note
Economic Releases

8:30 am EST

  • The Change in Non-Farm Payrolls for Dec. is estimated to fall to +175K versus +199K in Nov.
  • The Unemployment Rate for Dec. is estimated to rise to 3.8% versus 3.7% in Nov.
  • Average Hourly Earnings MoM for Dec. is estimated to rise +.3% versus a +.4% gain in Nov. 
  • The Labor Force Participation Rate for Dec. is estimated at 62.8% versus 62.8% in Nov.

10:00 am EST

  • Factory Orders for Nov. is estimated to rise +2.4% versus a -3.6% decline in Oct.
  • Factory Orders Ex Transports for Nov. is estimated to fall -.1% versus a -1.2% decline in Oct.
  • Final Durable Goods Orders for Nov.
  • The ISM Services Index for Dec. is estimated to fall to 52.5 versus 52.7 in Nov.
  • ISM Services Prices Paid for Dec. is estimated to fall to 57.0 versus 58.3 in Nov.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Barkin speaking, CFTC speculative positioning report, US Baker Hughes Rig Count, (ZS) annual meeting and the (GBX) annual meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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