Dow futures tick higher, debt ceiling negotiations continue
2023.05.18 20:41
© Reuters.
Investing.com – U.S stock futures were trading higher during Thursday’s evening deals, after major benchmark averages capped a positive session as investors continued to monitor U.S debt ceiling negotiations.
By 7:05pm ET (11:05pm GMT) added 0.1%, were up 0.2% and lifted 0.4%.
In extended deals, Farfetch Limited (NYSE:) added 17% after Q1 losses of $0.16 per share, beating expected losses of $0.39 per share, with revenue coming in at $556.4 million versus $515.51 million expected.
DXC Technology Co (NYSE:) dipped 6% after Q4 EPS of $1.02 versus $1.05 expected, while revenue was reported at $3.59 billion versus $3.62 billion expected.
Flowers Foods (NYSE:) fell 5% after the company Q1 EPS of $0.38, in-line with expectations, while revenue came in at $1.53 billion versus $1.55 billion expected.
Ahead in Friday’s trade, speeches from Fed Chair and FOMC member and will be closely watched by investors, while earnings season draws to a close with Deere & Company (NYSE:) and Foot Locker Inc (NYSE:) scheduled to report quarterly results.
During Thursday’s regular session, the added 115.1 points or 0.3% to 33,535.9, the lifted 39.3 points or 0.9% to 4,198.1 and the added 188.3 or 1.5% to 12,688.8.
On the bond markets, rates lifted to 9-week highs of 3.651%
