Dow futures little changed as indices rebound
Investing.com — US stock futures were trading slightly lower during Monday’s evening deals, after major benchmark averages rebounded ahead of the Fed’s key interest rate decision and Apple’s (NASDAQ:AAPL) earnings result due later in the week.
By 6:40 pm ET (10:40 pm GMT) Dow Jones Futures were flat while S&P 500 Futures and Nasdaq 100 Futures slipped 0.1%.
In extended deals, Pinterest (NYSE:PINS) popped 12% after reporting Q3 EPS of $0.28 versus $0.21 expected, while revenues came in at $763 million versus $743.94 million expected.
Lattice (OTC:LTTC) Semiconductor (LSCC) shed 16% after reporting Q3 EPS of $0.53 versus $0.52 expected. Revenue was reported at $192.17 million versus $192.08 million expected.
Wolfspeed (NYSE:WOLF) lifted 10% as the company reported Q1 losses of $0.53 per share versus expected losses of $0.67 per share. Revenue came in at $197.4 million versus $196.21 million expected.
Chegg (NYSE:CHGG) lost 5%, reporting Q3 EPS of $0.18 versus $0.17 expected on revenues of $157.9 million versus $152.18 million expected.
Ahead in Tuesday’s trade, market participants will be monitoring CB consumer confidence, housing price indexes and the Chicago PMI.
During Monday’s regular session, the Dow Jones Industrial Average added 511.4 points or 1.6% to 32,929, the S&P 500 gained 49.5 points or 1.2% to 4,166.8 and the NASDAQ Composite lifted 146.5 points or 1.2% to 12,789.5.
On the bond markets, United States 10-Year rates were at 4.888%.
