Dow futures steady, Western Alliance Bancorp falls 3.1% after earnings
2023.07.18 19:26
© Reuters.
Investing.com – U.S. stock futures were trading within a tight range during Tuesday’s evening trade, after major benchmark indices posted a positive session, with the Dow Jones notching its longest winning streak since 2021.
By 6:45pm ET (10:45pm GMT) were flat while and fell 0.1% apiece.
In extended deals, Western Alliance Bancorporation (NYSE:) dipped 3.1% after the company Q2 EPS of $1.96 versus $1.97 expected on revenues of $669 million versus $658.5 million expected.
Omnicom Group Inc (NYSE:) shed 5.7% after Q2 EPS of $1.81 versus $1.80 expected on revenues of $3.61 billion versus $3.67 billion expected.
Interactive Brokers Group Inc (NASDAQ:) slid 5% after Q2 EPS of $1.32 versus $1.40 expected, while revenues were reported at $1.06 billion, in-line with expectations.
JB Hunt Transport Services Inc (NASDAQ:) added 2% after the company Q2 EPS of $1.81 versus $1.92 expected on revenues of $3.13 billion versus $3.31 billion expected.
Ahead in Wednesday’s trade, market participants will be monitoring monthly and data.
Among earnings, companies including Tesla Inc (NASDAQ:), Netflix Inc (NASDAQ:), Goldman Sachs Group Inc (NYSE:), International Business Machines (NYSE:) and U.S. Bancorp (NYSE:) are scheduled to report quarterly results.
Get the latest earnings results with InvestingPro.
During Tuesday’s regular session, the added 366.6 points or 1.1% to 34,951.9, the gained 32.2 points or 0.7% to 4,555 and the lifted 108.7 points or 0.8% to 14,353.6. All 3 major indices extended 15-month highs.
Major bankers ms Bank of New York Mellon (NYSE:) and Bank of America Corp (NYSE:) reported better than expected earnings, while data came in at 0.2% for June versus 0.5% expected.
On the bond markets, rates were at 3.792%.