Wednesday, August 21, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (AAP)/.93
  • (BIDU)/18.57
  • (BJ)/1.01
  • (CSIQ)/.21
  • (NTES)/11.97
  • (PTON)/-.17
  • (TD)/1.51
  • (WB)/.42
  • (WSM)/1.61
After the Close: 
  • (BILL)/.46
  • (CAVA)/.13
  • (INTU)/.85
  • (ROST)/1.50
  • (WDAY)/1.65
  • (DLTR)/1.06
Economic Releases

8:30 am EST

  • Chicago Fed National Activity Index for July is estimated to fall to .03 versus .05 in June.
  • Initial Jobless Claims for last week is estimated to rise to 232K versus 227K the prior week.
  • Continuing Claims is estimated to rise to 1870K versus 1864K prior.

9:45 am EST

  • S&P Global US Manufacturing PMI for Aug. is estimated to fall to 49.5 versus 49.6 in July.
  • S&P Global US Services PMI for Aug. is estimated to fall to 54.0 versus 55.0 in July.
  • S&P Global US Composite PMI for Aug. is estimated to fall to 53.2 versus 54.3 in July.

10:00 am EST

  • Existing Home Sales for July is estimated to rise to 3.93M versus 3.89M in June.

11:00 am EST

  • Kansas City Fed Manufacturing Activity for Aug. is estimated to rise to -9 versus -13 in July.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Jackson Hole symposium, weekly EIA natural gas inventory report, Fed's weekly balance sheet report and the (ELF) annual meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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