Thursday, May 02, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (AXL)/.02
  • (CBOE)/2.05
  • (CBRE)/.69
  • (FLR)/.54
  • (HSY)/2.76
  • (PAA)/.38
  • (XPO)/.67
After the Close: 
  • None of note
Economic Releases

8:30 am EST

  • The Change in Non-Farm Payrolls for April is estimated to fall to 240K versus 303K in March.
  • The Unemployment Rate for April is estimated to rise +3.8% versus a +3.8% gain in March.
  • Average Hourly Earnings MoM for April is estimated to rise +.3% versus a +.3% gain in March.

10:00 am EST

  • The ISM Services Index for April is estimated to rise to 52.0 versus 51.4 in March.
  • ISM Services Prices Paid for April is estimated to rise to 54.9 versus 53.4 in March.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Goolsbee speaking, Fed's Williams speaking, US Baker Hughes rig count, CFTC speculative net positioning reports, (MAN) annual meeting, (ITW) annual meeting, (B) annual meeting, (H) annual meeting, (ABBV) annual meeting, (CNHI) annual meeting and the (LSCC) annual meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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