Dow Futures Trade Mixed, Tesla Dips 5.3% As Revenue Disappoints

By Oliver Gray 

Investing.com – U.S. stock futures were trading mixed during Wednesday’s evening deals, after major benchmark averages snapped a two day rally as the and resuming their moves higher.

By 7:10pm ET (11:10pm GMT) were trading flat, were down 0.2% and fell 0.5%.

In extended deals, Tesla Inc (NASDAQ:) fell 5.3% as the company Q3 EPS of $1.05, slightly above estimates of $1.03, while revenue came in at $21.45 billion versus $22.5 billion expected.

International Business Machines (NYSE:) added 3.3% after the company Q3 EPS of $1.81, just above estimates of $1.79, while revenue was reported at $14.11 billion versus $13.54 billion expected.

WD-40 Company (NASDAQ:) moved 6.7% lower after Q4 EPS of $1.08 versus $1.25 expected, while revenue came in at $130.4 million versus $131.1 million expected.

Alcoa Corp (NYSE:) dipped 8.6% after Q3 losses of $0.33 per share, below expected earnings of $0.19 per share. Revenue came in at $2.85 billion versus $3.01 billion expected.

Ahead in Thursday’s session, investors will be tracking the and data, while earnings results from American Airlines Group (NASDAQ:), AT&T Inc (NYSE:), Alaska Air Group Inc (NYSE:), and Union Pacific Corporation (NYSE:) will also be closely watched.

During Wednesday’s regular session, the declined 100 points or 0.3% to 30,423.8, the dipped 24.8 points or 0.7% to 3,695.2 and the fell  91.9 points or 0.9% to 10,680.5.

On the bond markets, rates surged to fresh 14-year highs of 4.138%.

Source link