US Treasuries
- Treasuries posted small gains as Middle East tensions eased on signs that a US-Iran ceasefire will remain in place and oil prices retreated
- 10s closed on Tuesday at 4.42 [Tuesday’s range in 10s: 4.40/4.44]
- 2s closed on Tuesday at 3.935 [Tuesday’s range in 2s: 3.92/3.955]
- 2y – 5y: + 13 bps
- 2y – 10y: + 48 bps
Intraday News Moving Markets
- Robust earnings announcements fueled equities higher (see charts below)
- Fed Speak: Fed’s Bowman Says Consumer Fraud Posts Risks to Financial System
- On deck tomorrow morning (Wednesday, 5/6/26): US Treasury Quarterly Refunding Announcement
Commodities
- Gold rose to $4,560 an ounce [84% of its recent high of $5,417 an ounce on 1/28/26]
- Silver declined to $72.96 an ounce [63% of its recent high of $116.70 an an ounce on 1/28/26]
And these gains are not just the Mag7/Tech, it is across the board.
In the News
Upcoming US Treasury Supply
Upcoming Economic Releases & Fed Speak
- 5/06/2026 at 07:00am EST: MBA Mortgage Applications
- 5/06/2026 at 08:15am EST: ADP Employment Change
- 5/06/2026 at 08:30am EST: US Treasury Quarterly Refunding Announcement
- 5/06/2026 at 09:30am EST:Fed’s Musalem Speaks at Mississippi Bankers Association
- 5/06/2026 at 01:00pm EST: Fed’s Goolsbee Speaks on Panel Event
- 5/07/2026 at 07:30am EST: Challenger Job Cuts YoY / Challenger Job Cuts Total
- 5/07/2026 at 08:30am EST: Nonfarm Productivity / Unit Labor Costs
- 5/07/2026 at 08:30am EST: Initial Jobless Claims / Initial Claims 4-Wk Moving Avg / Continuing Claims
- 5/07/2026 at 10:00am EST: Census Releases February and March Construction Spending
- 5/07/2026 at 10:00am EST: Construction Spending MoM
- 5/07/2026 at 11:00am EST: NY Fed 1-Yr Inflation Expectations
- 5/07/2026 at 01:00pm EST: Fed’s Kashkari Participates in Fireside Chat
- 5/07/2026 at 02:05pm EST: Fed’s Hammack Speaks in Fireside Chat
- 5/07/2026 at 03:00pm EST: Consumer Credit
- 5/07/2026 at 03:30pm EST: Fed’s Williams in Moderated Discussion
- 5/08/2026 at 05:45am EST: Fed’s Cook Speaks on Asset Tokenization
- 5/08/2026 at 08:30am EST: Change in Nonfarm Payrolls / Two-Month Payroll Net Revision
- 5/08/2026 at 08:30am EST: Change in Private Payrolls / Change in Manufact. Payrolls
- 5/08/2026 at 08:30am EST: Nonfarm Payrolls 3-Mo Avg Change
- 5/08/2026 at 08:30am EST: Average Hourly Earnings MoM and YoY / Average Weekly Hours All Employees
- 5/08/2026 at 08:30am EST: Unemployment Rate / Underemployment Rate / Labor Force Participation Rate
- 5/08/2026 at 10:00am EST: U. of Mich. Sentiment / Current Conditions / Expectations / 1 Yr Inflation
- 5/08/2026 at 10:00am EST: U. of Mich. 5 -10 Yr Inflation
- 5/08/2026 at 10:00am EST: Wholesale Inventories MoM / Wholesale Trade Sales MoM
- 5/08/2026 at 07:30pm EST: Fed’s Waller, Bowman, Daly and Goolsbee on Panel
- 5/11/2026 at 10:00am EST: Existing Homes Sales / MoM
- 5/12/2026 at 06:00am EST: NFIB Small Business Optimism
- 5/12/2026 at 08:15am EST: ADP Weekly Employment Change
- 5/12/2026 at 08:30am EST: CPI MoM and YoY / Core CPI MoM and YoY / CPI Index NSA and Core CPI Index SA
- 5/12/2026 at 08:30am EST: Real Avg Hourly Earnings YoY and Real Avg Weekly Earnings YoY
- 5/12/2026 at 11:00am EST: NY Fed Quarterly Report on Household Debt and Credit
- 5/12/2026 at 01:00pm EST: Fed’s Goolsbee Speaks at Greater Rockford Chamber of Commerce
- 5/12/2026 at 02:00pm EST: Federal Budget Balance
Upcoming Earnings Releases for Wednesday, May 6, 2026
Noteworthy Before-the-Open Earnings Releases
|
Company |
Symbol |
Earnings estimate |
|
Acushnet |
GOLF |
$1.40 per share |
|
Adient |
ADNT |
0.44 |
|
Amcor |
AMCR |
-0.34 |
|
Apollo Global Management |
APO |
1.90 |
|
ATS |
ATS |
0.32 |
|
BioCryst Pharmaceuticals |
BCRX |
0.04 |
|
Bio-Techne |
TECH |
0.53 |
|
Bloomin’ Brands |
BLMN |
0.57 |
|
Brinks |
BCO |
1.59 |
|
Bruker |
BRKR |
0.23 |
|
CDW |
CDW |
2.28 |
|
Cencora |
COR |
4.82 |
|
Clean Harbors |
CLH |
1.15 |
|
Clear Secure |
YOU |
0.33 |
|
Criteo |
CRTO |
0.57 |
|
CVS Health |
CVS |
2.18 |
|
Deluxe |
DLX |
0.87 |
|
Dine Brands |
DIN |
1.00 |
|
Edgewell Personal Care |
EPC |
0.44 |
|
Elanco Animal Health |
ELAN |
0.35 |
|
Establishment Labs |
ESTA |
-0.36 |
|
Exelon |
EXC |
0.88 |
|
Flex |
FLEX |
0.87 |
|
Forgent Power Solutions |
FPS |
0.16 |
|
Freshpet |
FRPT |
0.08 |
|
Geo Group |
GEO |
0.19 |
|
Global Payments |
GPN |
2.81 |
|
HNI |
HNI |
0.29 |
|
InMode |
INMD |
0.30 |
|
Instacart |
CART |
0.57 |
|
Insulet |
PODD |
1.20 |
|
ITT |
ITT |
1.72 |
|
J&J Snack Foods |
JJSF |
0.37 |
|
Johnson Controls |
JCI |
1.28 |
|
Kennametal |
KMT |
0.67 |
|
Kraft Heinz |
KHC |
0.50 |
|
Kyndryl |
KD |
0.45 |
|
Lineage |
LINE |
0.69 |
|
Littelfuse |
LFUS |
2.84 |
|
LivaNova |
LIVN |
0.90 |
|
Louisiana-Pacific |
LPX |
0.14 |
|
Madrigal Pharmaceuticals |
MDGL |
-4.00 |
|
Marex Group |
MRX |
1.38 |
|
Marriott |
MAR |
2.56 |
|
Medline |
MDLN |
0.30 |
|
Millrose Properties |
MRP |
0.77 |
|
New York Times |
NYT |
0.47 |
|
NICE |
NICE |
2.52 |
|
NiSource |
NI |
1.05 |
|
NRG Energy |
NRG |
1.90 |
|
Oscar Health |
OSCR |
1.11 |
|
Owens Corning |
OC |
0.98 |
|
Performance Food Group |
PFGC |
0.78 |
|
Perrigo |
PRGO |
0.31 |
|
Restaurant Brands International |
QSR |
0.83 |
|
Reynolds Consumer Products |
REYN |
0.24 |
|
SharkNinja |
SN |
1.01 |
|
SolarEdge Technologies |
SEDG |
-0.27 |
|
Solstice Advance Materials |
SOLS |
0.61 |
|
Spire |
SR |
3.72 |
|
Steven Madden |
SHOO |
0.43 |
|
TIC Solutions |
TIC |
-0.06 |
|
Timken |
TKR |
1.50 |
|
Trimble |
TRMB |
0.72 |
|
Uber |
UBER |
0.69 |
|
UBS |
UBS |
0.78 |
|
United Therapeutics |
UTHR |
7.00 |
|
Utz Brands |
UTZ |
0.14 |
|
Walt Disney |
DIS |
1.49 |
|
XPEL |
XPEL |
0.36 |
Noteworthy After-the-Close Earnings Releases
|
Company |
Symbol |
Earnings estimate |
|
ACADIA Pharmaceuticals |
ACAD |
$0.05 per share |
|
ACV Auctions |
ACVA |
0.03 |
|
Albemarle |
ALB |
1.19 |
|
Alpha and Omega Semiconductor |
AOSL |
-0.36 |
|
American Homes 4 Rent |
AMH |
0.47 |
|
American States Water |
AWR |
0.77 |
|
Amplitude |
AMPL |
-0.01 |
|
APA |
APA |
1.11 |
|
AppLovin |
APP |
3.44 |
|
Arm Holdings |
ARM |
0.58 |
|
Array Technologies |
ARRY |
-0.05 |
|
Atmos Energy |
ATO |
3.41 |
|
Aura Minerals |
AUGO |
1.85 |
|
Axon |
AXON |
1.60 |
|
B2Gold |
BTG |
0.12 |
|
Barrett Business |
BBSI |
-0.26 |
|
BillionToOne |
BLLN |
0.03 |
|
BitGo Holdings |
BTGO |
-0.16 |
|
Black Hills |
BKH |
1.84 |
|
Blue Bird |
BLBD |
0.88 |
|
Blue Owl Technology Finance |
OTF |
0.31 |
|
Cactus |
WHD |
0.62 |
|
CF Industries |
CF |
2.62 |
|
Chesapeake Utilities |
CPK |
2.38 |
|
Chime |
CHYM |
0.03 |
|
Cirrus Logic |
CRUS |
1.76 |
|
Coeur Mining |
CDE |
0.36 |
|
Cognex |
CGNX |
0.25 |
|
Coherent |
COHR |
1.40 |
|
Compass Minerals |
CMP |
-0.05 |
|
CoreCivic |
CXW |
0.56 |
|
Crane NXT |
CXT |
0.57 |
|
Curtiss-Wright |
CW |
3.30 |
|
Digi International |
DGII |
0.58 |
|
DoorDash |
DASH |
0.36 |
|
DoubleVerify |
DV |
0.05 |
|
Dutch Bros |
BROS |
0.15 |
|
Encore Capital |
ECPG |
3.02 |
|
Envista |
NVST |
0.31 |
|
EPR Properties |
EPR |
1.25 |
|
Equinox Gold |
EQX |
0.26 |
|
Ethos Technologies |
LIFE |
-1.34 |
|
Eversource Energy |
ES |
1.62 |
|
EVERTEC |
EVTC |
0.92 |
|
Excelerate Energy |
EE |
0.38 |
|
Fastly |
FSLY |
0.08 |
|
Fidelity National |
FNF |
1.09 |
|
Fluence |
FLNC |
-0.17 |
|
Fortinet |
FTNT |
0.62 |
|
FS KKR Capital |
FSK |
0.44 |
|
Genco Shipping & Trading |
GNK |
0.10 |
|
Guardian Pharmacy Services |
GRDN |
0.24 |
|
H & R Block |
HRB |
5.77 |
|
Herbalife Nutrition |
HLF |
0.57 |
|
HighPeak Energy |
HPK |
-0.03 |
|
Horace Mann |
HMN |
1.13 |
|
Host Hotels |
HST |
0.62 |
|
Houlihan Lokey |
HLI |
1.79 |
|
Ibotta |
IBTA |
-0.30 |
|
Ingevity |
NGVT |
0.83 |
|
IonQ |
IONQ |
-0.48 |
|
Kemper |
KMPR |
0.79 |
|
Kinetik |
KNTK |
0.21 |
|
Kratos Defense and Security |
KTOS |
0.13 |
|
Kulicke & Soffa |
KLIC |
0.67 |
|
LandBridge |
LB |
0.55 |
|
LegalZoom.com |
LZ |
0.13 |
|
LifeMD |
LFMD |
-0.21 |
|
LTC Properties |
LTC |
0.68 |
|
Macerich |
MAC |
0.31 |
|
Magnite |
MGNI |
0.11 |
|
Matador Resources |
MTDR |
1.29 |
|
MetLife |
MET |
2.26 |
|
Miami International Holdings |
MIAX |
0.37 |
|
MKS |
MKSI |
2.04 |
|
Montrose Environmental Group |
MEG |
-0.26 |
|
Murphy Oil |
MUR |
0.33 |
|
NerdWallet |
NRDS |
0.28 |
|
Nutrien |
NTR |
0.52 |
|
Ormat Technologies |
ORA |
0.91 |
|
Pattern Group |
PTRN |
0.10 |
|
Paycom Software |
PAYC |
2.99 |
|
PayPay |
PAYP |
0.11 |
|
Primerica |
PRI |
5.49 |
|
PTC |
PTC |
2.10 |
|
Qiagen |
QGEN |
0.61 |
|
Radian Group |
RDN |
1.21 |
|
Rayonier |
RYN |
0.04 |
|
Realty Income |
O |
1.10 |
|
Regal Rexnord |
RRX |
2.11 |
|
Remitly Global |
RELY |
0.12 |
|
Root |
ROOT |
0.84 |
|
Royal Gold |
RGLD |
2.81 |
|
RxSight |
RXST |
-0.31 |
|
Sarepta Therapeutics |
SRPT |
0.98 |
|
Savers Value Village |
SVV |
0.02 |
|
Sezzle |
SEZL |
1.20 |
|
SiTime |
SITM |
1.16 |
|
Skyward Specialty Insurance Group |
SKWD |
1.12 |
|
SM Energy |
SM |
1.12 |
|
SmartStop Self Storage REIT |
SMA |
0.47 |
|
Snap |
SNAP |
-0.07 |
|
Sturm Ruger |
RGR |
0.34 |
|
Sun Life |
SLF |
1.38 |
|
Sunrun |
RUN |
-0.01 |
|
Symbotic |
SYM |
0.12 |
|
Tenaris |
TS |
1.94 |
|
TKO Group Holdings |
TKO |
1.14 |
|
Tronox |
TROX |
-0.45 |
|
Tutor Perini |
TPC |
0.63 |
|
U.S. Physical Therapy |
USPH |
0.52 |
|
UGI |
UGI |
2.01 |
|
Veradermics |
MANE |
-0.65 |
|
Verra Mobility |
VRRM |
0.24 |
|
Victory Capital |
VCTR |
1.61 |
|
Vir Biotechnology |
VIR |
-0.10 |
|
Warner Bros. Discovery |
WBD |
-0.11 |
|
Watts Water Technologies |
WTS |
2.69 |
|
Western Midstream |
WES |
0.74 |
|
Whirlpool |
WHR |
0.45 |
|
Zillow |
ZG |
0.46 |