Dow futures tick lower after major indices rebound, yields ease
Investing.com — US stock futures were trading slightly lower during Wednesday's evening deals, after major benchmark averages rebounded and Treasury bond yields slipped following weaker than expected ADP employment data.
By 6:30pm ET (10:30pm GMT) Dow Jones Futures and S&P 500 Futures were down by 0.2% while Nasdaq 100 Futures eased 0.1%.
in extended deals, Resources Connection Inc (NASDAQ:RGP) fell 8% after the company reported EPS of $0.2 versus $0.3 expected on revenues of $170.2 million versus $178.27 million expected.
Ahead in Thursday's trade, market participants will be closely monitoring trade balance data and weekly jobless claims, as well as speeches from Mester, Barkin, Daly and Barr.
Among earnings, Constellation Brands Inc (NYSE:STZ), Levi Strauss & Co (NYSE:LEVI), Lamb Weston Holdings Inc (NYSE:LW) and ConAgra Foods Inc (NYSE:CAG) are set to report quarterly earnings results.
During Wednesday's regular trade, the Dow Jones Industrial Average added 127.2 points or 0.4% to 22,129.6, the S&P 500 lifted 34.3 points or 0.8% to 4,263.8 and the NASDAQ Composite gained 176.5 points or 1.4% to 13,236.
On the bond markets, United States 10-Year rates eased to 4.737%.
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