Wednesday, 24 April 2024
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Dow futures tick lower, Gap lifts 14.7% after earnings By Investing.com

Dow Futures Ease After Positive Week

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© Reuters.

Investing.com – U.S. stock futures were trading slightly lower during Thursday’s evening deals, after major benchmark averages finished mixed as market participants monitored ongoing debt ceiling negotiations as well upcoming inflation data.

By 7:05pm ET (11:05pm GMT) and were 0.1% lower while traded flat.

Analyze Q1 earnings results with InvestingPro.

In extended deals, Marvell Technology (NASDAQ:) popped 17.2% after Q1 EPS of $0.31 versus $0.29 expected on revenues of $1.32 billion versus $1.3 billion expected.

Gap Inc (NYSE:) lifted 14.7%, Q1 EPS of $0.01 versus expected losses of $0.15 per share. Revenue was reported at $3.28 billion versus $3.29 billion expected.

Ulta Beauty (NASDAQ:) dipped 8.3% after the company Q1 EPS of $6.88 versus $6.82 expected. Revenues came in at $2.6 billion versus $2.62 billion expected.

Workday (NASDAQ:) lifted 7.9% after the company Q1 EPS of $1.31 versus $1.12 expected, while revenues came in at $1.68 billion versus $1.67 billion expected.

Ahead in Friday’s trade, market participants will be monitoring , data, and as well as Michigan consumer and .

During Thursday’s trade, the lost 35.3 points or 0.1% to 32,764.7, the gained 36 points or 0.9% to 4,151.3 and the lifted 213.9 points or 1.7% to 12,698.1.

On the bond markets, rates were at fresh multi-month highs of 3.825%.

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