Wednesday, January 08, 2025

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (STZ)/3.32
  • (DAL)/1.76
  • (TLRY)/-.03
  • (WBA)/.38
After the Close: 
  • (WDFC)/1.28
Economic Releases

8:30 am EST

  • The Change in Non-Farm Payrolls for Dec. is estimated at 165K versus 227K in Nov.
  • The Unemployment Rate for Dec. is estimated at 4.2% versus 4.2% in Nov.
  • Average Hourly Earnings MoM for Dec. is estimated to rise +.3% versus a +.4% gain in Nov.

10:00 am EST

  • Univ. of Mich. Consumer Confidence for January is estimated at 74.0 versus 74.0 in Dec.
  • Univ. of Mich.  1Y Inflation Expectations for Jan. is estimated to rise +2.8% versus a +2.8% gain in Dec.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Fed's Bowman speaking, Fed's Harker speaking, Challenger Job Cuts YoY for Dec., 30T T-Bond auction, supreme court TikTok hearing and the (ZS) annual meeting could also impact global trading on Friday(US equity markets closed on Thursday).
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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