Dow futures tick lower, Nike drops 4.3% after earnings
2023.06.29 19:21
© Reuters.
Investing.com – U.S. stock futures were trading in a mixed fashion during Thursday’s evening deals, following a mostly positive session among major benchmark averages as higher-than-expected data boosted sentiment, while banks lifted after the Fed noted that each of the 23 institutions included in its annual were well enough capitalized to weather a severe recession.
By 6:45pm ET (10:45pm GMT) were 0.1% lower while were trading flat.
In extended deals, Nike (NYSE:) fell 4.3% after the reported Q4 EPS of $0.66, $0.02 worse than the analyst estimate of $0.68, while revenue came in at $12.8 billion versus $12.58 billion.
Accolade Inc (NASDAQ:) popped 15.4% after Q1 losses of $0.52 per share versus expected losses of $0.62 per share. Revenue was reported at $93.2 million versus $90.27 million expected.
Ahead in Friday’s trade, market participants will be monitoring fresh data, personal and , as well as the Michigan consumer and surveys.
During Thursday’s regular trading, the added 269.8 points or 0.8% to 34,122.4, the lifted 19.6 points or 0.5% to 4,396.5, while the finished flat at 13,591.3.
On the bond markets, rates were at 3.848%
