Dow futures slip, Gitlab pops 28.1% after earnings
2023.06.05 19:35
© Reuters
Investing.com – U.S. stock futures were trading lower during Monday’s evening deals, following a negative session among major benchmark indices as investors retreated amid weakening PMI data.
By 7:10pm ET (11:10pm GMT) and were 0.1% lower while dipped 0.2%.
In extended deals, Gitlab Inc (NASDAQ:) lifted 28.1% after the company Q1 losses of $0.06 per share versus expected losses of $0.14 per share, while revenues were reported at $125.9 million versus $117.8 million expected.
Ahead in Tuesday’s session, investors will be monitoring earnings results from Ferguson Plc (NYSE:), JM Smucker Company (NYSE:), Caseys General Stores Inc (NASDAQ:), Core & Main Inc (NYSE:), Thor Industries Inc (NYSE:) and Academy Sports Outdoors Inc (NASDAQ:).
During Monday’s regular trade, the lost 199.9 points or 0.6% to 33,562.9, the fell 8.6 points or 0.2% to 4,273.8 and the lost 11.3 points or 0.1% to 13,229.4.
On the data front, Markit’s came in at 54.9 versus 55.1 expected, while ISM was at 50.3 versus 51.8 expected.
On the bond markets, rates were at 3.687%.
