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Dow futures tick higher after negative session, Workday lifts 3.2% post-earnings

2023.08.24 19:17


© Reuters

Investing.com – U.S. stock futures ticked higher on Thursday night following declines among major benchmark indices as investors monitored fresh earnings results ahead of a from Federal Reserve Chairman Jerome Powell at the Jackson Hole symposium on Friday.

By 6:45pm ET (10:45pm GMT) and were up 0.1% apiece while were flat.

In extended deals, Workday (NASDAQ:) added 3.2%, Q2 EPS of $1.43, $0.17 better than the analyst estimate of $1.26. Revenues were reported at $1.79 billion versus $1.77 billion expected.

Nordstrom (NYSE:) fell 2.5% after the company Q2 EPS of $0.81, beating expectations of $0.45, while revenues came in at $3.62 billion versus $3.68 billion expected.

Intuit (NASDAQ:) eased 2%, after Q4 EPS of $1.65 versus $1.43 expected on revenues of $2.7 billion versus $2.64 billion expected.

Affirm Holdings Inc (NASDAQ:) lifted 7.4% after Q4 losses of $0.69 per share versus expected losses of $0.87 per share. Quarterly revenues were reported at $446 million versus $406.13 million expected.

Gap Inc (NYSE:) was trading 1.4% higher after the company Q2 EPS of $0.34 versus $0.10 expected, while revenues came in at $3.55 billion versus $3.58 billion expected.

Ahead in Friday’s trade, market participants will be monitoring Michigan consumer and , as well as .

Among earnings, companies including Dell Technologies Inc (NYSE:), Ubiquiti Networks Inc (NYSE:), Elastic NV (NYSE:) and Hibbett Sports Inc (NASDAQ:) are expected to release quarterly results.

During Thursday’s regular session, the lost 373.6 points or 1.1% to 34,099.4, the fell 59.7 points or 1.4% to 4,376.3 and the lost 257.1 points or 1.9% to 13,464.

On the bond markets, rates were at 4.243%.

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