Tuesday, December 12, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ABM)/.92
  • (CGNT)/.01
  • (PLAB)/.53
  • (REVG)/.34
After the Close: 
  • (ADBE)/4.13
  • (NDSN)/2.40
Economic Releases

8:30 am EST

  • PPI Final Demand MoM for Nov. is estimated unch. versus a -.5% decline in Oct.
  • PPI Ex Food and Energy MoM for Nov. is estimated to rise +.2% versus unch. in Oct.

2:00 pm EST

  • The FOMC is expected to leave the benchmark Fed Funds Rate at 5.25%-5.5%.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The FOMC press conference, weekly MBA Mortgage Applications report, OPEC monthly report, (PLD) investor meeting, (VRNT) investor day and the (OSIS) annual meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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