Wednesday, September 11, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (CAL)/1.22
  • (KR)/.91
  • (SIG)/1.14
After the Close: 
  • (ADBE)/4.53
  • (RH)/1.56
Economic Releases

8:30 am EST

  • The PPI Final Demand MoM for Aug. is estimated to rise +.1% versus a +.1% gain in July.
  • The PPI Ex Food and Energy MoM for Aug. is estimated to rise +.2% versus a +.3% gain in July.
  • Initial Jobless Claims for last week is estimated to fall to 226K versus 227K the prior week. 
  • Continuing Claims is estimated to rise to 1850K versus 1838K prior.

12:00 pm EST

  • Household Change in Net Worth for 2Q.

2:00 pm EST

  • The Monthly Budget Deficit for Aug. is estimated to widen to -$292.5B versus -$243.7B in July.

Upcoming Splits

  • (CTAS) 4-for-1
Other Potential Market Movers
  • The ECB rate decision, 30Y T-Bond auction, IEA Monthly report, Thomson Reuters IPSOS PCSI for Sept., WASDE report, Fed's weekly balance sheet report, weekly EIA natural gas inventory report, (ORCL) analyst meeting, (BLNK) investor meeting, Goldman Communacopia Conference and the Morgan Stanley Laguna Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

No comments: