Breaking News
Investing Pro 0
New Year’s SALE: Up to 40% OFF InvestingPro+ CLAIM OFFER

Dow futures trade flat, China’s COVID spike in focus

Stock Markets Nov 21, 2022 23:36
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.
 
ESH3
+0.21%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
1YMH3
+0.07%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
NQH3
+0.95%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ZM
+3.59%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
US500
+0.25%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
CHNA
+18.60%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Oliver Gray

Investing.com - U.S. stock futures were trading steady during Monday’s evening deals, after major benchmark indices finished the regular session lower as market participants remained cautious after reports of China’s first COVID-related deaths since May stoked fears of fresh restrictions, while earnings results were also closely watched.

By 18:30 ET (23:30 GMT), Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures were each trading flat.

In extended deals, Dell Technologies (NYSE:DELL) lost 2.1% after reporting Q3 EPS of $2.30, above expectations of $1.61, while revenue came in at $24.7 billion versus $24.4 billion.

Zoom (NASDAQ:ZM) fell 7% after the company reported Q3 EPS of $1.07 versus $0.83 expected on revenue of $1.1 billion versus $1.09 billion expected.

Agilent Technologies (NYSE:A) added 4% after reporting Q4 EPS of $1.53, above $1.38 expected, while revenue was reported at $1.85 billion versus $1.76 billion expected.

Urban Outfitters (NASDAQ:URBN) lifted 2.5% after reporting Q3 EPS of $0.40 versus $0.42 expected, while revenues came in at $1.18 billion versus $1.16 billion expected.

Ahead in Tuesday’s session, investors will be closely monitoring speeches from Fed officials Mester, George, and Bullard, while the Richmond Manufacturing and Services indices are also set to be released.

On the earnings front, market participants will be watching for results from Best Buy Co Inc (NYSE:BBY), Helmerich & Payne Inc (NYSE:HP), Dollar Tree Inc (NASDAQ:DLTR), and Nordstrom Inc (NYSE:JWN).

During Monday’s regular trade, the Dow Jones Industrial Average fell 45.4 points or 0.1%, to 33,700.3, the S&P 500 fell 15.4 points or 0.4% to 3,949.94, and the NASDAQ Composite lost 121.6 points or 1.1% to 11,024.5.

On the bond markets, United States 10-Year rates were at 3.84%.

Dow futures trade flat, China’s COVID spike in focus
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email