Dow futures slip as Tesla, Netflix report

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Dow futures slip as Tesla, Netflix report
Credit: © Reuters.

Investing.com - Dow futures were trading lower during Wednesday's evening deals, after major benchmark averages extended fresh 15-month highs, with traders digesting quarterly earnings results from major companies throughout the session.

By 19:00 ET (23:00 GMT), Dow Jones futures were down 0.2%, S&P 500 futures lost 0.3%, and Nasdaq 100 futures tumbled 0.7%.

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In extended deals, Tesla Inc (NASDAQ: TSLA ) moved 4% lower after the company reported Q2 EPS of $0.91 versus $0.79 expected, while quarterly revenue came in at a record-high of $24.93 billion versus $24.29B expected.

Netflix (NASDAQ: NFLX ) dipped 8.4%, reporting Q2 EPS of $3.29 versus $2.84 expected on revenues of $8.19B versus $8.27B expected.

United Airlines Holdings Inc (NASDAQ: UAL ) added 3.1% after the company reported Q2 EPS of $5.03 versus $3.98 expected, while revenue for the quarter came in at $14.2B versus $13.9B expected.

Discover Financial Services (NYSE: DFS ) tanked 11.9%, reporting Q2 EPS of $3.54 versus $3.72 expected, while revenue came in at $3.88B, in-line with expectations.

Ahead in Thursday's trade, investors will be looking toward weekly jobless claims , existing home sales , and the Philadelphia Fed manufacturing index .

Among earnings, companies including Taiwan Semiconductor Manufacturing (NYSE: TSM ), Johnson & Johnson (NYSE: JNJ ), Abbott Laboratories (NYSE: ABT ), and Philip Morris International Inc (NYSE: PM ) are scheduled to release quarterly results.

During Wednesday's regular session, as the Dow Jones Industrial Average lifted 109.3 points or 0.3% to 35,061.2, the S&P 500 gained 10.7 points or 0.2% to 4,565.7, while the Nasdaq Composite remained little changed at 14,358.

On the bond markets, United States 10-Year rates were at 3.755%.

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