Wednesday, September 25, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ACN)/2.78
  • (KMX)/.85
  • (JBL)/2.22
  • (SNX)/2.80
After the Close: 
  • (BB)/-.03
  • (COST)/5.08
  • (MTN)/-4.23
Economic Releases

8:30 am EST

  • BEA annual revisions to GDP/National Economic Accounts.
  • 2Q GDP revisions. 
  • Durable Goods Orders for Aug. is estimated to fall -2.7% versus a +9.8% gain in July.
  • Durables Ex Transports for Aug. is estimated to rise +.1% versus a -.2% decline in July.
  • Cap Goods Orders Non-Defense Ex Air for Aug. is estimated to rise +.1% versus a -.1% decline in July.
  • Initial Jobless Claims for last week is estimated to rise to 223K versus 219K the prior week.
  • Continuing Claims is estimated to fall to 1828K versus 1829K prior.

10:00 am EST

  • Pending Home Sales MoM for Aug. is estimated to rise +1.0% versus a -5.5% decline in July.

11:00 am EST

  • The Kansas City Fed Manufacturing Activity Index for Sept. is estimated to fall to -5 versus -3 in Aug.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Fed's Powell speaking, Treasury's Yellen speaking, Fed's Bowman speaking, Fed's Kugler speaking, Fed's Collins speaking, Fed's Kashkari speaking, Fed's Barr speaking, Fed's Cook speaking, Fed's Williams speaking, 7Y T-Note auction, Fed's weekly balance sheet report, weekly EIA natural gas inventory report, Goldman Sachs Sustainability Forum, (LUV) investor day and the (INTU) investor day could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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