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

Earnings of Note 
Company/Estimate 

Before the Open:

• (BABA)/6.14
• (BIRK)/.59
• (TSEM)/.56
• (VSH)/.02 
• (DOX)/1.77 

After the Close: 

• (CSCO)/1.03
• (DOCS)/.28
• (JACK)/.74
• (STAA)/.03
• (STUB)/.01
• (TNK)/3.54
• (USAR)/-.13 

Economic Releases 

8:30 am EST

• PPI Final Demand MoM for April is estimated to rise +.5% versus a +.5% gain in March.
• PPI Ex Food and Energy MoM for April is estimated to rise +.3% versus a +.1% gain in March.

10:30 am EST

• Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,962,600 barrels versus a -2,313,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -2,756,200 barrels versus a -2,504,000 barrel decline the prior week. Distillate inventories are estimated to fall by -2,251,400 barrels versus a -1,294,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to rise +1.18% versus a +.5% gain prior. 

Upcoming Splits

• None of note

Other Potential Market Movers

• The Fed's Collins speaking, Fed'd Kashkari speaking, 30Y T-Bond auction, IEA monthly report, OPEC monthly report, Cleveland CPI MoM for April, Thomson Reuters IPSOS PCSI for May, weekly MBA Mortgage Applications report, Needham Tech/Media/Consumer Conference, BofA Healthcare Conference, (SPG) annual meeting, (PSX) annual meeting, (FSLR) annual meeting, (AMD) annual meeting, (INTC) annual meeting, (AKAM) annual meeting, (SO) annual meeting, (KMI) annual meeting, (BROS) annual meeting, (EQIX) annual meeting, (SWKS) annual meeting, (VIK) annual meeting and the BMO Farm to Market Chemicals Conference could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST