Dow futures lift, Alphabet and Microsoft earnings in focus
Investing.com — US stock futures were trading higher during Monday's evening deals, with investors bracing for fresh earnings results from major tech companies.
By 7:10pm ET (11:10pm GMT) Dow Jones Futures, S&P 500 Futures and Nasdaq 100 Futures were up 0.2% apiece.
In extended deals, TrueBlue Inc (NYSE:TBI) fell 16.1% after reported Q3 EPS of $0.16, versus $0.24 expected, while revenue came in at $473 million versus $488.91 million.
Medpace Holdings (NASDAQ:MEDP) added 5.5% after reporting Q3 EPS of $2.22, versus $2.05, while revenue came in at $492.5 million versus $475.79 million expected.
Cadence Design Systems (NASDAQ:CDNS) fell 3.7% after reported Q3 EPS of $1.26 versus $1.20, while revenue came in at $1.02 billion versus $1 billion expected.
On the economic calendar, investors will be watching preliminary manufacturing PMI and services PMI data.
Ahead in Tuesday's trade, investors will be parsing fresh earnings results from companies including Microsoft Corporation (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL) Inc Class C (NASDAQ:GOOG), Visa Inc Class A (NYSE:V), Coca-Cola Co (NYSE:KO), Texas Instruments Incorporated (NASDAQ:TXN), Verizon Communications Inc (NYSE:VZ) and General Electric Company (NYSE:GE).
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During Monday's regular session, the Dow Jones Industrial Average finished 190.9 points or 0.6% lower to 32,936.4, the S&P 500 dipped 7.1 points or NASDAQ Composite added 34.5 points or 0.3% to 13,018.3.
On the bond markets, United States 10-Year rates eased 4.848%.
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