Dow futures extend gains after positive session, HP drops 6.5% after earnings
2023.08.29 19:07
© Reuters.
Investing.com – U.S stock futures were little changed on Tuesday evening after major benchmark indices posted gains throughout regular trading, after closely watched data came in weaker than expected, boosting bets of a Fed .
By 6:50pm ET (10:50pm GMT) , and were each up by 0.1%.
In extended deals, HP Inc (NYSE:) moved 6.5% lower after EPS of $0.86, in-line with expectations, while revenues came in at $13.2 billion versus $13.38 billion expected
Bank of Montreal (NYSE:) was little changed after EPS of $2.78 versus $3.15 expected on revenues of $7.9 billion versus $8.08 billion expected.
Hewlett Packard Enterprise Co (NYSE:) dipped 1.1%, after the company EPS $0.49 versus $0.47, while revenues came in at $7 billion versus $6.99 billion expected.
Nio Inc Class A ADR (NYSE:) ticked 0.1% higher after losses of $3.28 per share versus expected losses of $2.96 per share, while revenues also disappointed at $8.77 billion versus $9.16 billion expected.
JM Smucker Company (NYSE:) was flat after EPS of $2.21 versus $2.02 expected, on revenues of $1.81 billion versus $1.84 billion expected.
Ahead in Wednesday’s trade, market participants will be watching for and data, as well as preliminary figures, , and .
During Tuesday’s regular trade, the added 292.7 points or 0.9% to 34,852.7, the gained 64.3 points or 1.5% to 4,497.6 and the lifted 238.6 points or 1.7% to 13,943.8.
On the bond markets, rates eased to 4.127%.