Wednesday, April 12, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open: 
  • (DAL)/.31
  • (FAST)/.51
  • (PGR)/1.35
After the Close: 
  • (WAFD)/1.07

Economic Releases

8:30 am EST
  • Initial Jobless Claims for last week are estimated to rise to 235K versus 228K the prior week.
  • Continuing Claims are estimated to rise to 1835K versus 1823K prior.
  • PPI Final Demand MoM for March is estimated unch. versus a -.1% decline in Feb.
  • PPI Ex Food and Energy MoM for March is estimated to rise +.2% versus unch. in Feb.
  • PPI Final Demand YoY  for March is estimated to rise +3.0% versus a +4.6% gain in Feb.
  • PPI Ex Food and Energy YoY for March is estimated to rise +3.4% versus a +4.4% gain in Feb.
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The Australian Employment report, 30Y T-Bond auction and the weekly EIA natural gas inventory report could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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