Stock Market News

Dow futures tick lower, CPI eases

2023.03.14 19:26


© Reuters.

 By Oliver Gray 

Investing.com – U.S. stock futures were trading lower during Tuesday’s evening trade, after major indices bounces posted a positive session with the Dow lifting from 5-week lows, as investors reacted positively to weakening following the seizure of SVB Financial Group (NASDAQ:) and Signature Bank (NASDAQ:).

By 6:45pm ET (11:45pm GMT) and fell 0.2% apiece while dipped 0.1%

In extended deals, Smartsheet (NYSE:) added 12.2% after the company Q4 EPS of $0.07 versus expected losses of $0.01 per share, while revenue came in at $212.3 million versus $206.25 million expected. Smartsheet forecasted Q1 2024 EPS in the range of $0.08-$0.09 versus expected losses of $0.06 per share, while revenue was forecasted at $213-215 million versus consensus of $217 million.

SentinelOne (NYSE:) added 5.7% after Q4 losses of $0.13 per share versus expected losses of $0.16 per share, while revenue came in at $126.1 million versus $124.69 million expected.

Vacasa Inc (NASDAQ:) dipped 11.5%, Q4 losses of $0.70 per share versus expected losses of $0.37 per share. Revenue was reported at $218 million versus $206.24 million expected.

Ahead in Wednesday’s session, market participants will be looking towards , and the .

During Tuesday’s regular trade, the added 336.3 points or 1.1% to 32,155.4, the lifted 63.5 points or 1.1% to 3,919.3 and the gained 239.3 points or 2.1% to 11,428.2.

On the bond markets, rates were at 3.685%, while rates were at 4.246%.

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