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

Earnings of Note 
Company/Estimate 

Before the Open:

• (ASML)/7.92
• (BLK)/12.68
• (BNY)/2.23
• (CTAS)/1.24
• (CAG)/.46
• (ELV)/6.21
• (FHN)/.52
• (JNJ)/2.85
• (MTB)/4.66
• (MS)/2.93
• (PNC)/4.46
• (PGR)/4.75 

After the Close: 

• (JBHT)/1.73
• (UAL)/1.88 

Economic Releases 

 

8:30 am EST

• Empire Manufacturing for July is estimated to rise to 9.2 versus 5.7 in June.
• PPI Final Demand MoM for June is estimated unch. versus a +1.1% gain in May.
• PPI Ex Food and Energy MoM for June is estimated to rise +.3% versus a +.4% gain in May. 

10:30 am EST

• Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,594,400 barrels versus a +2,998,000 barrel gain the prior week. Gasoline supplies are estimated to fall by -1,066,600 barrels versus a -1,904,000 barrel decline the prior week. Distillate inventories are estimated to fall by -996,800 barrels versus a -4,980,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to fall by -.01% versus a -.8% decline prior.

2:00 pm EST

• Fed releases Beige Book report. 

Upcoming Splits

• (SNEX) 3-for-2

Other Potential Market Movers

• The Fed Chairman Warsh's testimony to Senate, Fed's Cook speaking, Fed's Williams speaking, weekly MBA Mortgage Applications report and the B.Riley Mind/Muscle/Vision Summit could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST