Thursday, February 29, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (PLUG)/-.37
  • (HIBB)/2.54
After the Close: 
  • None of note
Economic Releases

10:00 am EST

  • Construction Spending MoM for Jan. is estimated to rise +.2% versus a +.9% gain in Dec.
  • Final Univ. of Mich. Consumer Sentiment Readings for Feb.
  • ISM Prices Paid for Feb. is estimated to rise to 53.2 versus 52.9 in Jan.
  • ISM Manufacturing for Feb. is estimated to rise to 49.5 versus 49.1 in Jan.

11:00 am EST

  • The Kansas City Fed Services Activity Index for Feb.

Afternoon:

  • Wards Total Vehicle Sales for Feb. is estimated to rise to 15.4M versus 15.0M in Jan.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Daly speaking, Fed's Bostic speaking, Fed's Logan speaking, Fed's Waller speaking, Fed's Kugler speaking, US Corporate Profits for Q4, Atlanta Fed GDPNow 1Q update, CFTC speculative net positioning reports, US Baker Hughes Rig Count, US government funding deadline, (JACK) annual meeting, (D) investor meeting and the (SYM) annual meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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