Dow futures tick higher, banking crisis weighs
2023.03.24 01:41
© Reuters.
By Oliver Gray
Investing.com – U.S. stock futures were slightly higher during Thursday’s evening trade, extending gains made in the regular session as investors digested the Fed’s 25 basis point from earlier in the week, while the SPDR S&P Regional Banking ETF (NYSE:) and SPDR S&P Bank ETF (NYSE:) continued to decline.
By 18:50 ET (22:50 GMT) and added 0.1% apiece, while fell 0.1%.
In extended deals, Scholastic Corp (NASDAQ:) fell 11.8%, Q3 losses of $0.57 per share versus expected losses of $0.44 per share.
Heron Therapeutics (NASDAQ:) added 10% after the company Q4 losses of $0.17 versus expected losses of $0.32 per share, while revenue was reported at $30.03 million versus $27.24M.
Oxford Industries (NYSE:) dipped 5.7% after Q4 EPS of $2.28 versus $2.14 expected on revenues of $382M versus $377.07M expected.
Ahead in Friday’s session, market participants will be looking toward data, and PMIs, and a speech from the FOMC’s .
During Thursday’s regular trade, the added 75.1 points or 0.2% to 32,105.3, the gained 11.8 points or 0.3% to 3,948.7, and the lifted 117.4 points or 1% to 11,787.4.
On the bond markets, rates were at 3.414%.
