Dow Futures Little Changed After Indices Notch Second Day of Gains
By Oliver Gray
Investing.com - U.S. stock futures were during Monday’s trading session, with major benchmark averages notching their second day of gains as market participants digested an increasing volume of corporate earnings results.
By 7:15pm ET (11:15pm GMT) Dow Jones Futures were up 0.2% while S&P 500 Futures and Nasdaq 100 Futures added 0.1% apiece.
In extended deals, Cadence Design Systems Inc (NASDAQ: CDNS ) added 0.7% after the company reported Q3 EPS of $1.06 versus $0.96 expected on revenue of $903 million versus $871.2 million expected.
Calix Inc (NYSE: CALX ) lifted 8.1% after reporting Q3 EPS of $0.34, beating expectations of $0.23, while revenue came in at $236.3 million versus $215.23 million expected.
Aaron's (NYSE: AAN ) popped 17.3% after reporting Q3 EPS of $0.31, beating estimates of $0.12. Revenue for the quarter came in at $593.4 million versus the consensus estimate of $561.89 million.
Discover Financial Services (NYSE: DFS ) dipped 1.9% after reporting Q3 EPS of $3.54, falling below $3.73 expected, while revenue was reported at $3.48 billion versus $3.37 billion expected.
Meantime, Shares of Amazon.com Inc (NASDAQ: AMZN ) slipped 0.6% following reports of a hiring freeze.
During Monday’s regular trade, the Dow Jones Industrial Average added 417 points or 1.3% to 31,499.6, the S&P 500 gained 44.6 points or 1.2% to 3,797.4 and the NASDAQ Composite added 92.9 points or 0.9% to 10,952.6.
Ahead in Tuesday’s session, investors will be monitoring fresh housing price index and CB consumer confidence data, as well as earnings results from companies including Alphabet (NASDAQ: GOOGL ), Microsoft Corporation (NASDAQ: MSFT ), Coca-Cola Co (NYSE: KO ), General Electric Company (NYSE: GE ), United Parcel Service Inc (NYSE: UPS ),General Motors Company (NYSE: GM ) and Texas Instruments Incorporated (NASDAQ: TXN ).
On the bond markets, United States 10-Year rates were at 4.247%.
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