Dow futures tick higher, Micron falls 4% after earnings

Investing.com - U.S. stock futures remained little changed during Wednesday night, following a mixed session on Wall Street as surging yields dampened risk sentiment.

By 7:30pm ET (11:30pm GMT) Dow Jones Futures and S&P 500 Futures were up by 0.1% while Nasdaq 100 Futures lifted 0.2%.

In extended deals, Micron Technology (NASDAQ: MU ) fell 4% LOWER after the company reported Q4 losses of $1.07 per share versus expected losses of $1.15 per share. Revenue was reported at $4.01 billion versus $3.93 billion expected. The company also forecasted Q1 2024 losses in the range of $1.00-$1.14 per share, versus expected losses of $0.90 per share, and revenues in the range of $4.2-4.6 billion versus $3.97 billion expected.

Jefferies Financial Group Inc (NYSE: JEF ) fell 2% after reporting Q3 EPS of $0.22 versus $0.32 expected on revenues of $1.18 billion versus $1.24 billion expected.

Worthington Industries (NYSE: WOR ) dropped 1.7%, reporting Q1 EPS of $2.06 versus $2.04 expected. Revenues were reported at $1.2 billion versus $1.23 billion.

Ahead in Thursday's trade, market participants will be watching for Q2 GDP data, jobless claims , pending home sales , and speeches from the Fed's Goolsbee and Powell .

On the earnings front, companies including Accenture plc (NYSE: ACN ), Nike Inc (NYSE: NKE ), Jabil Circuit Inc (NYSE: JBL ) and CarMax Inc (NYSE: KMX ) are scheduled to report earnings results.

During Wednesday's regular trade, the Dow Jones Industrial Average eased 68.6 points or 0.2% to 33,550.3, the S&P 500 was flat at 4,274.5 and the NASDAQ Composite added 29.2 points or 0.2% to 13,095.9.

On the bond markets, United States 10-Year rates extended fresh 16-year highs of 4.614%.