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

Earnings of Note 
Company/Estimate 

Before the Open:

• (BF/B)/.41
• (CPB)/.70
• (DLTR)/1.43
• (HIBB)/2.63
• (OLLI)/2.65
• (THO)/1.80
• (UNFI)/.02
  

After the Close: 

• (CHPT)/-.19
• (FIVE)/.63
• (LULU)/2.40
• (SMTC)/.01
• (VSCO)/.09
  

Economic Releases

8:15 am EST

• The ADP Employment Change for May is estimated to fall to 175K versus 192K in April.
  

9:45 am EST:

• Final S&P Global PMI readings for May.
  

10:00 am EST

• The ISM Services Index for May is estimated to rise to 51.0 versus 49.4 in April.
• The ISM Services Prices Paid for May is estimated to fall to 59.0 versus 59.2 in April.

10:30 am EST

• Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,908,670 barrels versus a -4,156,000 barrel decline the prior week. Gasoline supplies are estimated to rise by +1,087,330 barrels versus a +2,022,000 barrel gain the prior week. Distillate inventories are estimated to rise by +1,577,830 barrels versus a +2,544,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to rise by +.05% versus a +2.6% gain prior.
  

Upcoming Splits 

• (NVDA) 10-for-1
  

Other Potential Market Movers

• The weekly MBA Mortgage Applications report, (LNW) annual meeting, (ABNB) annual meeting, (AAL) annual meeting, (DDOG) annual meeting, (WMT) annual meeting, (URBN) annual meeting, (PCAR) investor meeting, Stifel Cross Sector Insight Conference, William Blair Growth Stock Conference, Jefferies Healthcare Conference, Deutsche Bank Consumer Conference, Deutsche Bank Industrials/Materials/Building Products Conference, Baird Consumer/Tech/Services Conference and the BofA Tech Conference could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST