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

Earnings of Note 
Company/Estimate 

Before the Open:

• (CHWY)/.24
• (CNM)/.53 

After the Close: 

• (ORCL)/1.96
• (OXM)/1.29
• (SFIX)/-.06 

Economic Releases 

8:30 am EST

• The CPI MoM for May is estimated to rise +.5% versus a +.6% gain in April.
• The CPI Core MoM for May is estimated to rise +.3% versus a +.4% gain in April.
• Real Avg. Weekly Earnings YoY for May. 

10:30 am EST

• Bloomberg consensus estimates call for a weekly crude oil inventory decline of -3,008,200 barrels versus a -7,974,000 barrel decline the prior week. Gasoline supplies are estimated to rise by +402,600 barrels versus a +3,364,000 barrel gain the prior week. Distillate inventories are estimated to fall by -145,800 barrels versus a +1,502,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to rise by +.14% versus a +.2% gain prior. 

2:00 pm EST

• The Federal Budget Deficit for May is expected to come in at -$282.0B versus $215.0B in April.

Upcoming Splits

• KLAC 10-for-1

Other Potential Market Movers

• The 10Y T-Note auction, weekly MBA Mortgage Applications report, Oppenheimer Consumer Growth/E-Commerce Conference, Wells Fargo Industrials/Materials Conference, (NXPI) annual meeting, (DKS) annual meeting, (CAT) annual meeting, (SHAK) annual meeting, (FCX) annual meeting, (AAL) annual meeting, (AGX) annual meeting, (TGT) annual meeting, (DASH) annual meeting, (CGNX) investor meeting and the RBC Mining/Metals Conference could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST