Tuesday, April 09, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (DAL)/.36
After the Close: 
  • None of note
Economic Releases
8:30 am EST
  • The CPI MoM for March is estimated to fall to .3% versus a +.4% gain in Feb.
  • The CPI Ex Food and Energy MoM for March is estimated to rise +.3% versus a +.4% gain in Feb.
  • Real Avg. Weekly Earnings YoY for March.

10:00 am EST

  • Wholesale Trade Sales MoM for Feb. is estimated to rise +.8% versus a -1.7% decline in Jan.

10:30 am EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory gain of +688,170 barrels versus a +3,210,000 barrel gain the prior week. Gasoline supplies are estimated to fall by -1,838,000 barrels versus a -4,256,000 barrel decline the prior week. Distillate inventories are estimated to fall by -977,170 barrels versus a -1,268,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to rise by +.53% versus a -.1% decline prior.

2:00 pm EST

  • March 20th FOMC Meeting Minutes.
  • The Monthly Budget Statement for March is estimated at -$220.0B versus -$378.1B in Feb.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Bowman speaking, Fed's Goolsbee speaking, 10Y T-Note auction, Cleveland CPI for March, Thomson Reuters IPSOS PCSI for April, weekly MBA Mortgage Applications report, (KKR) investor day, (NSC) investor meeting, (SNPS) annual meeting and the American Assoc. for Cancer Research Meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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