Tuesday, October 08, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (HELE)/1.05
After the Close: 
  • (AZZ)/1.32
Economic Releases

10:00 am EST

  • Wholesale Trade Sales MoM for Aug. is estimated to rise +.4% versus a +1.1% gain in July.

10:30 am EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory gain of +1,305,400 barrels versus a +3,889,000 barrel gain the prior week. Gasoline supplies are estimated to fall by -572,400 barrels versus a +1,119,00 barrel gain the prior week. Distillate inventories are estimated to fall by -1,718,800 barrels versus a -1,284,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to fall by -.2% versus a -3.3% decline prior.

2:00 pm EST

  • Sept. 18th FOMC Meeting Minutes.

Upcoming Splits

  • (NVEE) 4-for-1
Other Potential Market Movers
  • The Fed's Logan speaking, Fed's Jefferson speaking, Fed's Daly speaking, Fed's Goolsbee speaking, Fed's Bostic speaking, Fed's Barkin speaking, Fed's Williams speaking, Fed's Collins speaking, 10Y T-Note auction, weekly MBA Mortgage Applications report, Atlanta Fed GDPNow 3Q update, Thomson Reuters IPSOS PCSI for Oct.  and the (MYGN) investor meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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