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

Earnings of Note 
Company/Estimate 

Before the Open:

• (LOVE)/-.36
• (M)/.37
• (SHOE)/.34 

After the Close: 

• (ADBE)/6.08
• (CPRT)/.38
• (DSGX)/.55
• (ORCL)/1.74
• (RH)/.38
• (ZUMZ)/-.14 

Economic Releases 

8:30 am EST

• Initial Jobless Claims for last week is estimated to fall to 205K versus 206K the prior week.
• Continuing Claims is estimated to rise to 1780K versus 1779K prior.
• PPI Final Demand MoM for Aug. is estimated to rise +.4% versus unch. in July.
• PPI Ex Food and Energy MoM for Aug. is estimated to rise +.3% versus a +.2% gain in July. 

10:00 am EST

• Existing Home Sales for Aug. is estimated to fall to 3.98M versus 4.06M in July.
• Wholesale Trade Sales MoM for July. 

12:00 pm EST

• Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,286,200 barrels versus a -4,450,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -1,053,000 barrels versus a -1,173,000 barrel decline the prior week. Distillate inventories are estimated to fall by -418,200 barrels versus a +796,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to fall by -1.0% versus a +.6% gain prior. 

Upcoming Splits

• None of note

Other Potential Market Movers

• The 30Y T-Bond auction, Atlanta Fed GDPNow Q3 update, ECB meeting, OPEC onthly report, weekly EIA natural gas inventory report, Fed's weekly balance sheet report, Goldman Sachs Communacopia Conference, Jefferies Industrial Conference, Wells Fargo Healthcare Conference, Wolfe Research TMT Conference, Citi Tech/Media/Telecom Conference, Jefferies Renewables/Clean Energy/Construction Conference, (LH) investor day and the UBS Materials Conference could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST