Stock Market News

Dow Futures Tick Higher After Indices Stage Major Reversal

2022.10.13 20:00



© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading mixed during Thursday’s evening deals, following a major rally among benchmark indices as the highly anticipated reading came in hotter than expected at 8.2% but continued to cool slightly from 40 year highs.

By 7:10pm ET (11:10pm GMT) were up 0.1%, were flat and were 0.1% lower.

In extended deals, Eargo Inc (NASDAQ:) lost 3.5%, Travere Therapeutics Inc (NASDAQ:) fell 5.1% and Imara Inc (NASDAQ:) gained 22.5%.

Ahead in Friday’s session, investors will be closely monitoring and data, while earnings from major financial companies include Citigroup Inc (NYSE:), Wells Fargo & Company (NYSE:), Morgan Stanley (NYSE:) and JPMorgan Chase & Co (NYSE:).

During Thursday’s regular trading, the  added 827.9 points or 2.8% to 30,038.7, the gained 92.9 points or 2.6% to 3,669.9 and snapping 6 sessions of consecutive decline, while the lifted 232.1 points or 2.2% to 10,649.2.

On the bond markets, rates were at 3.95%.



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