Dow futures waver as market awaits further earnings
Investing.com — US stock futures moved minimally in Thursday's evening trade, following a positive session from major benchmark averages.
By 6:15 pm ET (11:15 pm GMT) Dow Jones Futures eased 0.1% while S&P 500 Futures and Nasdaq 100 Futures remained flat.
In extended deals, JB Hunt Transport Services Inc (NASDAQ:JBHT) climbed 3.3% after reporting Q4 EPS of $1.47 versus $1.74 expected on revenues of $3.3 billion versus $3.27 billion expected.
Super Micro Computer Inc (NASDAQ:SMCI) shares rose by 8.8% after the IT firm reported Q2 adjusted earnings and revenue that exceeded previous forecasts.
Macy’s Inc (NYSE:M) also declined 0.3% after news that the company plans to lay off 13% of its corporate staff.
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Several financial institutions, including The Travelers Companies Inc (NYSE:TRV), Regions Financial Corporation (NYSE:RF), Fifth Third Bancorp (NASDAQ:FITB), Ally Financial Inc (NYSE:ALLY), and State Street Corp (NYSE:STT), are due to disclose earnings before the bell on Friday.
Market participants will also be monitoring December’s existing home sales reading, a snapshot of the US housing market, and preliminary Michigan consumer sentiment and expectations data released on Friday morning.
During regular trading hours, the Dow Jones Industrial Average gained 201.94 points, breaking a three-day losing streak. The S&P 500 climbed by 0.9% while the NASDAQ Composite increased by 1.4%.
From a weekly viewpoint, the Nasdaq made a modest gain of 0.6%, while the Dow fell by 0.3%. The S&P 500 slipped marginally
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