Tuesday, July 02, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (STZ)/3.46
After the Close: 
  • None of note
Economic Releases

7:30 am EST

  • Challenger Job Cuts report.

8:15 am EST

  • ADP Employment Change for June is estimated to rise to 165K versus 152K in May.

8:30 am EST

  • Initial Jobless Claims for last week is estimated to rise to 235K versus 233K the prior week.
  • Continuing Claims is estimated to rise to 1841K versus 1839K prior.

10:00 am EST

  • Factory Orders for May is estimated to rise +.2% versus a +.7% gain in April.
  • ISM Services Index for June is estimated to fall to 52.6 versus 53.8 in May.
  • ISM Services Prices Paid for June is estimated to fall to 56.5 versus 58.1 in May.

2:00 pm EST

  • FOMC Meeting Minutes.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Fed's Williams speaking, weekly MBA Mortgage Applications report and the Atlanta Fed GDPNow Q2 update could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 1:00 pm EST

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