Stock Market News

Dow futures flat after negative session, China’s COVID protests weigh

2022.11.28 19:45

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© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark indices finished the regular session lower as growing protests in China dampened investor sentiment and saw prices extended losses ahead of key economic releases and Fed speeches throughout the week.

By 6:40pm ET (11:40pm GMT) , and were trading within a range of 0.05%.

In extended deals, Pinduoduo (NASDAQ:) added 0.3% after EPS of $8.62 versus $4.79 expected while revenues came in at $35.5 billion versus $30.71 billion expected.

Meantime, Azek Company Inc (NYSE:) fell 8% after Q4 EPS of $0.16 versus $0.18 expected on revenue of $304.6 million versus $288.91 million expected.

Ahead in Tuesday’s session, market participants will be monitoring the the as well as the latest reading.

Meanwhile, earnings results from from HP Inc (NYSE:) will also be closely monitored.

During Monday’s regular trade, the lost 497.6 points or 1.5% to 33,849.5, the fell 62.2 points or 1.5% to 3,964 and the lost 176.9 points or 1.6% to 11,049.5.

On the bond markets, rates were at 3.679%.

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