Stock Market News

Dow futures tick higher as rally continues, tech falters

2023.07.20 18:59



Investing.com – U.S. stock futures were trading within a tight range during Thursday’s evening deals, after t the Dow posted its 9th consectuive daily gain, while the S&P 500 and NASDAQ slipped.

By 6:38pm ET (10:38pm GMT) were 0.1% higher while and traded steady.

In extended deals, CSX Corp. (NASDAQ:) dipped 4.8% after the company Q2 EPS of $0.49 versus $0.49 expected on revenues of $3.7 billion versus $3.73 billion expected

Capital One Financial Corporation (NYSE:) was steady after EPS of $3.52 versus $3.29 expected, while revenues were reported at $9 billion versus $9.13 billion expected.

Scholastic Corp (NASDAQ:) added 8.6%, Q4 EPS of $2.26 versus $1.70 expected. Revenue came in at $528.3 million versus $541.76 million expected.

Intuitive Surgical (NASDAQ:) fell 4.5% after Q2 EPS of $1.42 versus $1.33 expected, while revenue was reported at $1.76 billion versus $1.74 billion expected.

Knight Transportation (NYSE:) fell 2.7%, Q2 EPS of $0.49 versus $0.59 expected. Revenue came in at $1.6 billion versus $1.6 billion expected.

According to FactSet data, 73% of S&P 500 companies that have reported results exceeded analysts’ expectations.

During Thursday’s regular session, the added 164 points or 0.5% to 35,225.2, the dipped 30.9 points or 0.7% to 4,534.9 and the fell 294.7 points or 2.1% to 14,063.3.

On the data front, came in at 228K versus 242K expected, while the came in at -13.5 versus -10 expected. also fell to 4.16 million versus 4.2 million expected.

On the bond markets, rates were at 3.853%.

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