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🚨 NDVA surged 43%. This AI Chipmaker Could Be Next See Analysis
Dow futures move lower as earnings continue
Published Jan 17, 2023 23:49
© Reuters.
By Oliver Gray
Investing.com - U.S. stock futures were trading slightly lower during Tuesday’s evening trade, after major benchmark indices finished the regular session lower as Goldman Sachs (NYSE:GS) missed earnings expectations.
By 18:40 ET (23:40 GMT) Dow Jones futures and S&P 500 futures declined 0.2% apiece while Nasdaq 100 futures fell 0.3%.
In extended deals, Interactive Brokers Group Inc (NASDAQ:IBKR) added 1.9% after the company reported EPS at $1.3 versus $1.17 expected on revenues of $958 million versus $912.8M expected.
United Airlines Holdings Inc (NASDAQ:UAL) lifted 2.2% after reporting EPS at $2.46 versus $2.11 expected, while revenues came in at $12.4 billion versus $12.23B expected.
Ahead in Wednesday’s session, traders will be looking towards producer price index data, retail sales, business inventories, and industrial production figures as well as speeches from Bostic, Bullard, and Harker.
On the earnings front, companies including Charles Schwab Corp (NYSE:SCHW), JB Hunt Transport Services Inc (NASDAQ:JBHT), Discover Financial Services (NYSE:DFS), PNC Financial Services Group (NYSE:PNC) are set to release results on Wednesday.
During Tuesday’s regular trade, the Dow Jones Industrial Average fell 391.8 points or 1.1% to 33,910.9, the S&P 500 fell 8.1 points or 0.2% to 3,991, while the NASDAQ Composite added 16 points or 0.1% to 11,095.1.
On the bond markets, United States 10-Year rates were at 3.549%.
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