Stock Market News

Dow futures edge higher, Dell surges 7.5% after earnings

2023.08.31 19:32


© Reuters

Investing.com – U.S. stock futures were trading in a tight range on Thursday night, following a mixed performance among major benchmark averages as investors looked ahead to key data set for release later in Friday’s trade.

By 6:50pm ET (10:50pm GMT) were up by 0.1%, were flat and, dipped 0.1%.

In extended deals, Dell Technologies Inc (NYSE:) added 7.5% after the company Q2 EPS of $1.74 versus $1.14 on revenues of $22.9 billion versus $20.86 billion expected.

MongoDB (NASDAQ:) gained 4.1%, EPS of $0.93 versus $0.46 expected, while revenues were reported at $423.8 million versus $393.68 million expected.

Broadcom Inc (NASDAQ:) fell 4.8%, Q4 EPS of $10.54 versus $10.43 expected on revenues of $8.88 billion versus 8.85 billion expected.

VMware Inc (NYSE:) eased 1.7% after EPS of $1.83 versus $1.71 expected on revenue of $3.41 billion versus $3.46 billion expected

Lululemon Athletica Inc (NASDAQ:) added 1.1% after EPS of $2.68 versus $2.53 expected, with revenues coming in at $2.2 billion versus $2.17 billion expected.

Ahead in Friday’s trade, market participants will closely monitor , and figures, as well as the and manufacturing PMIs.

During Thursday’s regular session, the dipped 168.3 points or 0.5% to 34,721.9, the lost 7.2 points or 0.2% to 4,507.7 while the ticked 0.1% higher to 14,035. For the month of August, the Dow shed 2.4%, the S&P 500 dipped 1.4% and the NASDAQ lost 1.7%.

On the bond markets, rates were at 4.106%.

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