Wednesday, June 12, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (KFY)/1.12
  • (SIG)/.85
  • (MDRX)/.23
After the Close: 
  • (ADBE)/4.39
  • (RH)/-.13
Economic Releases

8:30 am EST

  • Initial Jobless Claims are estimated to fall to 225K versus 229K the prior week.
  • Continuing Claims is estimated to rise to 1795K versus 1792K prior.
  • PPI Final Demand MoM for May is estimated to rise +.1% versus a +.5% gain in April.
  • PPI Ex Food and Energy MoM for May is estimated to rise +.3% versus a +.5% gain in April.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Fed's Williams speaking, Treasury Secretary Yellen speaking, 30Y T-Bond auction, Fed's weekly balance sheet report, weekly EIA natural gas inventory report, (CPNG) annual meeting, (MNST) annual meeting, (LYFT) annual meeting, (TSLA) annual meeting, (IR) annual meeting, (GME) annual meeting, (YELP) annual meeting, (R) investor day, Jefferies Fintech Conference, RBC Medical Device Strategy/Innovation Conference, Rosenblatt Tech Summit, Sidoti Investor Conference, UBS Consumer Insights Day and the ISI Consumer/Retail Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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