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

Earnings of Note 
Company/Estimate 

Before the Open:

• (FDS)/4.45
• (GIS)/.80
• (MSM)/1.27
• (UNF)/1.91 

After the Close: 

• (GBX)/.60

Economic Releases 

5:30 am EST

• Challenger Job Cuts for June. 

8:15 am EST

• ADP Employment Change for June is estimated to fall to 120K versus 122K in May.

10:00 am EST

• ISM Manufacturing for June is estimated to fall to 53.8 versus 54.0 in May.
• ISM Prices Paid for June is estimated to fall to 77.8 versus 82.1 in May.
• Construction Spending MoM for May is estimated rise +.2% versus a +.4% gain in April. 

10:30 am EST

• Bloomberg consensus estimates call for a weekly crude oil inventory decline of -2,902,800 barrels versus a -6.088,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -559,600 barrels versus a +2,064,000 barrel gain the prior week. Distillate inventories are estimated to rise by +10,200 barrels versus a +3,064,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to fall by -.3% versus a -.6% decline prior.

Afternoon

• Omdia Total Vehicle Sales for June is estimated to rise to 16.1M versus 16.0M in May. 

Upcoming Splits

• None of note

Other Potential Market Movers

• The Fed's Warsh speaking, Atlanta Fed GDPNow Q2 update, weekly MBA Mortgage Applications report and the (GRBK) annual meeting could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST