Stock Market News

Dow futures gain after Fed pause, Lennar lifts 2.3% after earnings

2023.06.14 20:11


© Reuters

Investing.com – U.S. stock futures were little changed during Wednesday’s evening trade, following a mixed session among major benchmark indices as the Federal Reserve , signaling two more rate hikes later this year.

By 7:05pm ET (11:05pm GMT) were up 0.1%, lifted 0.1% and added 0.2%.

Analyze corporate earnings results with InvestingPro.

in extended deals, Lennar Corporation (NYSE:) lifted 2.3% after the company EPS of $2.94 versus $2.31 expected on revenues of $8.05 billion versus $7.18 billion expected.

Ahead in Thursday’s session, investors will be closely monitoring and price data, , and manufacturing indexes, and .

Among earnings, companies including Adobe Systems Incorporated (NASDAQ:), Kroger Company (NYSE:), Jabil Circuit Inc (NYSE:), John Wiley & Sons (NYSE:) and Aurora Mobile Ltd (NASDAQ:) are slated to release quarterly results.

During Thursday’s trade, the fell 232.8 points or 0.7% to 33,979.3, the added 3.6 points or 0.1% to 4,372.6 and the lifted 53.2 points or 0.4% to 13,626.5.

On the bond markets, rates were at 3.794%.

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