Dow futures trade flat, PPI data in focus
2022.12.08 18:51
© Reuters.
By Oliver Gray
Investing.com – U.S. stock futures were trading steady during Thursday’s evening deals, after major benchmark averages snapped a finished the regular session higher, with the snapping 5 sessions of consecutive declines.
By 6:30pm ET (11:30pm GMT) , and were each trading flat.
In extended deals, DocuSign Inc . (NASDAQ:) added 9.9% after Q3 EPS of $0.57 versus $0.42 expected on revenues of $645.5 million versus $627 million
Lululemon Athletica (NASDAQ:) shed 7.1% after the company Q3 EPS of $2.00 versus $1.96 expected, while revenue came in at $1.9 billion versus $1.81 billion expected.
Broadcom (NASDAQ:) lifted 3.5% after Q4 EPS of $10.45, better than $10.28 expected, while revenue was reported at $8.93 billion versus $8.9 billion expected.
Chewy (NYSE:) fell 2.3%, Q3 EPS of $0.01, beating expected losses of $0.09 per share. Revenue came in at $2.53 billion versus $2.46 billion expected.
Domo, Inc. (NASDAQ:) fell 3.3% after the company Q3 losses of $0.13 per share, better than expected losses of $0.26 per share. Revenue came in at $79 million versus $76.38 million expected.
Cooper Companies Inc (NYSE:) lost 1.9% after Q4 EPS of $2.75 versus $3.13 expected on revenues of $848.1 million versus $841.65 million expected.
Ahead in Friday’s session, investors will be closely monitoring fresh data for signs of cooling inflation ahead of next week’s reading and the U.S. Federal Reserve’s , with policymakers expected to raise rates by 50 basis points.
During Thursday’s regular trade, the gained 183.6 points or 0.6% to 33,781.5, the added 29.6 points or 0.8% to 3,963.5 and the lifted 123.5 points or 1.1% to 11,082.
On the bond markets, rates were at 3.489%.