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

Earnings of Note 
Company/Estimate 

Before the Open:

• (CHWY)/.17
• (VSCO)/.30 

After the Close: 

• (ORCL)/1.64
• (OXM)/1.82 

Economic Releases

8:30 am EST

• Real Avg. Weekly Earnings YoY for May.
• The CPI MoM for May is estimated to rise +.2% versus a +.2% gain in April.
• The CPI Ex Food & Energy MoM for May is estimated to rise +.3% versus a +.2% gain in April.

10:30 am EST

• Bloomberg consensus estimates call for a weekly crude oil inventory decline of -2,268,860 barrels versus a -4,304,000 barrel decline the prior week. Gasoline supplies are estimated to rise by +672,430 barrels versus a +5,219,000 barrel gain the prior week. Distillate inventories are estimated to rise by +514,000 barrels versus a +4,230,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to rise by +.13% versus a +3.2% gain prior. 

2:00 pm EST

• The Federal Budget Deficit for May is estimated at -$314.5B versus $258.4B in April. 

Upcoming Splits

• None of note

Other Potential Market Movers

• The 10Y T-Note auction, weekly MBA Mortgage Applications report, Cleveland CPI MoM for May, Thomson Reuters IPSOS PCSI for June, Morgan Stanley US Financials Conference, Oppenheimer Consumer Growth/E-Commerce Conference, Goldman Sachs Healthcare Conference, (NXPI) annual meeting, (DKS) annual meeting, (CAT) annual meeting, (AAL) annual meeting, (ANF) general meeting, (CMG) annual meeting, (IDCC) annual meeting, (TGT) annual meeting, (WSM) annual meeting, (DUOL) annual meeting, (ULTA) annual meeting and the Wells Fargo Industrials/Materials Conference could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST