Dow Futures Tick Higher as Indices Continue Historic Rout
2022.09.27 21:52
© Reuters
By Oliver Gray
Investing.com – U.S. stock futures were trading slightly higher during Tuesday’s evening deals, after major benchmark indices continued to fall on slowing global growth concerns and higher interest rates, with the trading at fresh yearly lows while the officially entered bear market territory, down 20% from its recent highs.
By 7:05:pm ET (11:05pm GMT) and were up 0.2% while lifted 0.3%.
In extended deals, BlackBerry Ltd (NYSE:) fell 3% after the company Q2 losses of $0.05 per share versus expected losses of $0.07 per share. Revenue came in at $168 million versus $161.45 million expected.
Cal-Maine Foods Inc (NASDAQ:) fell 0.6%, despite Q2 EPS of $2.57 versus $2.38 expected, while revenue was reported at $658.3 million versus $605.1 million expected.
Ahead in Wednesday’s session, investors will be paying close attention to speeches from FOMC members , , and , as well as and data.
During Tuesday’s regular deals, the fell 125.8 points or 0.4%, to 29,135, the fell 7.8 points or 0.2% to 3,647.3, while the added 26.6 points or 0.3% to 10,829.5.
On the data front, came in at 108, beating expectations of 104.5, while were reported at 685K, above expectations of 500K.
On the bond markets, the yield was steady near 12-year highs of 3.949%.
