Dow futures steady after indices drop on recession fears
2022.12.15 20:39
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© Reuters.
By Oliver Gray
Investing.com – U.S. stock futures were trading lower during Thursday’s regular deals, after major benchmark averages tumbled during regular trade as weaker than expected retail sales data sapped risk sentiment.
By 6:35pm ET (11:35pm GMT) , and were trading within a range of 0.1%.
In extended deals, Adobe Systems (NASDAQ:) lifted 4.7% after Q4 EPS of $3.60 versus $3.50 expected while revenue came in at $4.53 billion versus $4.53 billion expected.
Ahead in Friday’s session, investors will be focusing on preliminary and PMIs as well as corporate earnings results from Olive Garden parent Darden Restaurants Inc (NYSE:).
During Thursday’s regular session, the dropped 764.13 points or 2.3% to 33,202.2. The fell 99.6 points or 2.5% to 3,895.7 and the lost 360.4 points or 3.2% to 10,810.5.
On the bond markets, rates were at 3.45%.
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