Dow futures fall, spread widens 14.7% after earnings

Dow futures fall, spread widens 14.7% after earnings

Investing.com – U.S. stock futures were trading slightly lower in Thursday night’s trading after major benchmark averages ended mixed as market participants watched ongoing trading on the cap. debt as well as upcoming inflation data.

As of 7:05 p.m. ET (23:05 GMT) and were down 0.1% while flat.

Analyze Q1 results with InvestingPro.

In extended deals, Marvell Technology (NASDAQ:) jumped 17.2% after first-quarter EPS of $0.31 vs. $0.29 expected on revenue of $1.32 billion vs. $1.3 billion dollars expected.

Gap Inc (NYSE:) rose 14.7%, first quarter EPS of $0.01 against expected losses of $0.15 per share. Revenue was reported at $3.28 billion versus $3.29 billion expected.

Ulta Beauty (NASDAQ:) fell 8.3% after first-quarter EPS of $6.88 vs. $6.82 expected. Revenue was $2.6 billion versus $2.62 billion expected.

Workday (NASDAQ:) rose 7.9% after Q1 EPS of $1.31 vs. $1.12 expected, while revenue hit $1.68 billion vs. $1.67 billion expected .

Ahead of Friday’s trade, market participants will be watching , data and as well as Michigan consumers and .

During Thursday’s trade, the fell 35.3 points or 0.1% to 32,764.7, the gained 36 points or 0.9% to 4,151.3 and the up 213.9 points or 1 .7% to 12,698.1.

In bond markets, yields hit new multi-month highs at 3.825%.

#

Leave a Reply

Your email address will not be published. Required fields are marked *