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

Earnings of Note 
Company/Estimate 

Before the Open:

• (AYI)/4.44
• (LNN)/1.40
• (MKC)/.65
• (WBA)/.33 

After the Close: 

• (CNXC)/2.75
• (NKE)/.13 

Economic Releases

8:30 am EST

• Advance Goods Trade Balance for May is estimated at -$86.1B versus -$87.6B in April.
• Wholesale Inventories MoM for May is estimated to rise +.2% versus a +.2% gain in April.
• Retail Inventories MoM for May is estimated to fall -.1% versus a -.1% decline in April.
• 1Q GDP revisions.
• The Chicago Fed National Activity Index for May is estimated to rise to -.13 from -.25 in April.
• Durable Goods Orders for May is estimated to rise +8.5% versus a -6.3% decline in April.
• Durables Ex Transports for May is estimated unch. versus a +.2% gain in April.
• Cap Goods Orders Non-Defense Ex-Air for May is estimated to rise +.1% versus a -1.5% decline in April.
• Initial Jobless Claims for last week is estimated to fall to 243K versus 245K the prior week.
• Continuing Claims is estimated to rise to 1950K versus 1945K prior. 

10:00 am EST

• Pending Home Sales MoM for May is estimated to rise +.1% versus a -6.3% decline in April.

11:00 am EST 

• The Kansas City Fed Manufacturing Activity Index for June is estimated to fall to -5.0 versus -3.0 in May. 

Upcoming Splits

• None of note

Other Potential Market Movers

• The Fed's Barr speaking, Fed's Kashkari speaking, Fed's Barkin speaking, Fed's Hammack speaking, 7Y T-Note auction, Fed's weekly balance sheet report, weekly EIA natural gas inventory report, (DELL) annual meeting and the (RH) annual meeting could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST