Dow futures steady after snapping rally, Intel lifts 8.4% after earnings

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Dow futures steady after snapping rally, Intel lifts 8.4% after earnings
Credit: © Reuters.

Investing.com - U.S. stock futures were trading marginally higher during Thursday's evening trade, following a negative session among major benchmark averages, with market participants monitoring better-than-expected macroeconomic releases as well as a deluge of corporate earnings results.

By 18:50 ET (22:50 GMT), Dow Jones futures were flat while S&P 500 futures and Nasdaq 100 futures each ticked 0.1% higher.

In extended deals, Intel Corporation (NASDAQ: INTC ) popped 8.4% after the company reported Q2 EPS of $0.13 versus expected losses of $0.04 per share. Revenue was reported at $12.9 billion versus $12.09B expected.

Roku Inc (NASDAQ: ROKU ) lifted 8.7%, reporting Q2 losses of $0.76 per share versus expected losses of $1.27 per share, while revenue came in at $847.2 million versus $773.02M expected.

Sweetgreen Inc (NYSE: SG ) shed 10.7% after reporting Q2 losses of $0.24 per share versus expected losses of $0.17 per share. Revenue for the quarter came in at $152.5M versus $155.41M expected.

Enphase Energy Inc (NASDAQ: ENPH ) fell 12.9% after the company reported Q2 EPS of $1.47 versus $1.28 expected on revenues of $711.1M versus $725.83M expected.

Ahead in Friday's trade, investors will be looking toward fresh PCE price index data, as well as Michigan consumer sentiment and expectations .

On the earnings front, companies including Exxon Mobil Corp (NYSE: XOM ), Procter & Gamble Company (NYSE: PG ), AstraZeneca PLC (NASDAQ: AZN ), and Aon PLC (NYSE: AON ) are scheduled to report quarterly results.

During Thursday's regular trade, the Dow Jones Industrial Average slipped 237.4 points or 0.7% to 35,282.7, snapping 13 session of consecutive gain, the S&P 500 lost 29.3 points or 0.6% to 4,537.4, and the Nasdaq Composite fell 77.2 points or 0.6% to 14,050.1.

On the bond markets. United States 10-Year rates were at 3.997%.

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