Tuesday, October 01, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (CAG)/.60
  • (RPM)/1.75
After the Close: 
  • (LEVI)/.31
Economic Releases

8:15 am EST

  • The ADP Employment Change for Sept. is estimated to rise to 125K versus 99K in Aug.

10:30 am EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,172,330 barrels versus a -4,471,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -764,500 barrels versus a -1,538,000 barrel decline the prior week. Distillate inventories are estimated to fall by -2,143,170 barrels versus a -2,227,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to fall by -.77% versus a -1.2% decline prior.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Fed's Hammack speaking, Fed's Bowman speaking, Fed's Barkin speaking, OPEC Meeting, Dallas Fed PCE for August, weekly MBA Mortgage Applications report and the UBS Ophthalmology Day could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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