Wednesday, August 14, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (BABA)/15.00
  • (DE)/5.68
  • (JD)/6.24
  • (SPTN)/.56
  • (TPR)/.88
  • (WMT)/.65
After the Close: 
  • (ALC)/.73
  • (AMAT)/2.03
  • (COHR)/.60
  • (HRB)/1.74
  • (DDS)/1.97
Economic Releases

8:30 am EST

  • Empire Manufacturing for Aug. is estimated to rise to -6.0 versus -6.6 in July.
  • Retail Sales Advance MoM for July is estimated to rise +.4% versus unch. in June.
  • Retail Sales Ex Autos MoM for July is estimated to rise +.1% versus a +.4% gain in June.
  • Retail Sales Ex Autos and Gas for July is estimated to rise +.2% versus a +.8% gain in June.
  • Philly Fed Business Outlook for Aug. is estimated to fall to 5.2 versus 13.9 in July.
  • Initial Jobless Claims for last week is estimated to rise to 235K versus 233K the prior week.
  • Continuing Claims is estimated to fall to 1870K versus 1875K prior.
  • The Import Price Index MoM for July is estimated to fall -.1% versus unch. in June.
  • The Import Price Index Ex Petrol MoM for July is estimated to rise +.1% versus a +.2% gain in June. 
  • The Export Price Index MoM for July is estimated unch. versus a -.5% decline in June.

9:15 am EST

  • Industrial Production MoM for July is estimated to fall -.3% versus a +.6% gain in June.
  • Capacity Utilization for July is estimated to fall to 78.5% versus 78.8% in June.
  • Manufacturing Production for July is estimated to fall -.3% versus a +.4% gain in June.

10:00 am EST

  • Business Inventories for June is estimated to rise +.3% versus a +.5% gain in May.
  • The NAHB Housing Market Index for Aug. is estimated to rise to 43.0 versus 42.0 in July.

4:00 pm EST

  • Net Long-Term TIC Flows for June.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Fed's Harker speaking, Atlanta Fed Q3 GDPNow update, Fed's weekly Balance Sheet report, weekly EIA natural gas inventory report, Thomson Reuters IPSOS PCSI for Aug., (MOD) annual meeting and the (IDXX) investor day could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

No comments: