Stock Market News

Dow futures tick lower ahead of key inflation report

2022.12.12 18:45



© Reuters

By Oliver Gray 

Investing.com – U.S. stock futures fell slightly during Monday’s evening deals, after major benchmark averages bounced back from a negative week as investors prepare for key data set to be released later in Tuesday’s session.

By 6:25pm ET (11:25pm GMT) , and were each down 0.1%.

In extended deals, Oracle (NYSE:) lifted 2% after Q2 EPS of $1.21, beating analyst estimates of $1.16, while revenue came in at $12.3 billion versus $11.95 billion expected.

Blue Bird Corporation (NASDAQ:) fell 4.5% after the company Q4 losses of $0.66 per share versus expected losses of $0.04 per share. Revenue was reported at $257.7 million versus $221.63 million expected.

Ahead in Tuesday’s session, market participants will be closely following November’s report amid slowing inflation and economic activity ahead of Wednesday’s Federal Reserve .

During Monday’s regular trade the gained 528.6 points or 1.6% to 34,005, the gained 56.2 points or 1.4% to 3,990.6 and the lifted 139.1 points or 1.3% to 11,143.7.

 On the bond markets, rates were at 3.617%.



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