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Dow Futures Tick Lower After Indices Recover From Yearly Lows

Stock Markets Sep 29, 2022 00:22
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By Oliver Gray 

Investing.com - U.S stock futures were trading flat during Wednesday’s evening deals, with major benchmark indices bouncing back from 6 consecutive sessions of losses as risk appetite returned after the Bank of England announced a temporary bond buying program.

By 7:10pm ET (11:10pm GMT) Dow Jones Futures and S&P 500 Futures were down 0.1%, while Nasdaq 100 Futures fell 0.2%.

In extended deals, IsoRay Inc (NYSE:ISR) fell 12.4% after the company reported Q2 losses of $0.01 per share, in-line with expectations, while revenue came in at $2.5 million versus $3.04 million expected.

Vail Resorts Inc (NYSE:MTN) added 4% after reporting Q4 losses of $2.70 per share, beating expected losses of $2.92 per share. Revenue for the quarter came in at $267.14 million versus the consensus estimate of $262.3 million.

Ahead in Thursday’s session, market participants will be paying close attention to initial jobless claims and FOMC Member Bullard's speech, while corporate results from Nike Inc (NYSE:NKE), Bed Bath & Beyond Inc (NASDAQ:BBBY) and Micron Technology Inc (NASDAQ:MU) will also be closely watched.

During Wednesday’s regular trade, the Dow Jones Industrial Average added 548.8 points or 1.9%, to 29,683.7, the S&P 500 gained 2% to 3,719 and the NASDAQ Composite lifted 222.1 points or 2.1% to 11,051.6.

On the bond markets, United States 10-Year rates fell to 3.737%.

Dow Futures Tick Lower After Indices Recover From Yearly Lows
 

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