🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Dow futures trade flat, PPI data in focus

Published 12/08/2022, 06:42 PM
© Reuters.
US500
-
DJI
-
ESZ24
-
1YMZ24
-
NQZ24
-
AVGO
-
IXIC
-
COO
-
US10YT=X
-
LULU
-
DOCU
-
DOMO
-
CHWY
-

By Oliver Gray 

Investing.com - U.S. stock futures were trading steady during Thursday’s evening deals, after major benchmark averages snapped and finished the regular session higher, with the S&P 500 snapping 5 sessions of consecutive declines.

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, DocuSign (NASDAQ:DOCU) added 9.9% after reporting Q3 EPS of $0.57 versus $0.42 expected on revenues of $645.5 million versus $627M.

Lululemon Athletica (NASDAQ:LULU) shed 7.1% after the company reported Q3 EPS of $2.00 versus $1.96 expected, while revenue came in at $1.9 billion versus $1.81B expected.

Broadcom (NASDAQ:AVGO) lifted 3.5% after reporting Q4 EPS of $10.45, better than $10.28 expected, while revenue was reported at $8.93B versus $8.9B expected.

Chewy (NYSE:CHWY) fell 2.3%, reporting Q3 EPS of $0.01, beating expected losses of $0.09 per share. Revenue came in at $2.53B versus $2.46B expected.

Domo, Inc. (NASDAQ:DOMO) fell 3.3% after the company reported Q3 losses of $0.13 per share, better than expected losses of $0.26 per share. Revenue came in at $79M versus $76.38M expected.

Cooper Companies Inc (NYSE:COO) lost 1.9% after reporting Q4 EPS of $2.75 versus $3.13 expected on revenues of $848.1M versus $841.65M expected.

Ahead in Friday’s session, investors will be closely monitoring fresh producer price index data for signs of cooling inflation ahead of next week’s CPI reading and the U.S. Federal Reserve’s interest rate decision, with policymakers expected to raise rates by 50 basis points.

During Thursday’s regular trade, the Dow Jones Industrial Average gained 183.6 points or 0.6% to 33,781.5, the S&P 500 added 29.6 points or 0.8% to 3,963.5, and the NASDAQ Composite lifted 123.5 points or 1.1% to 11,082.

On the bond markets, United States 10-Year rates were at 3.489%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.