Stock Market News

U.S. Stock Futures Tick Higher After Indices Resume Declines

2022.09.22 20:31

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© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading slightly higher during Thursday evening after major benchmark averages finished the regular session lower as risk sentiment was dampened following an expected 75 basis point from the Federal Reserve and continued concerns of slowing global growth.

By 7:10pm ET (11:10pm GMT) were up 0.2%, while and were up 0.1%.

In extended deals, Costco (NASDAQ:) fell 3% after Q4 EPS of $4.20, better than $4.15 expected while revenue came in at $72.09 billion versus $71.64 billion expected.

CalAmp Corp (NASDAQ:) added 4% after Q2 losses of $0.02 per share, slight better than expected losses of $0.03. Revenue came in at $72.8 million versus $69.27 million expected.

During Thursday’s regular session, the fell 107.10 points lower or 0.35 to 30,076.68, the decreased 1.4% to 11,066.8 and the lost 0.8% to 3,758.

On the data front, came in at 213K, slightly under expectations of 218K.

On the bond markets, rates were at 3.710%.

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