Dow futures tick lower as debt ceiling looms

  • Stock Market News
Dow futures tick lower as debt ceiling looms
Credit: © Reuters. - U.S. stock futures were trading lower during Tuesday's evening deals after major benchmark averages posted a negative session as investors reacted to ongoing debt ceiling negotiations from U.S. congressional leaders.

By 18:55 ET (22:55 GMT), Dow Jones futures , S&P 500 futures and Nasdaq 100 futures were each trading within a range of 0.1%.

In extended deals, The Container Store Group (NYSE: TCS ) dipped 15.5% after reporting Q4 EPS of $0.18 versus $0.16 expected, while revenue was reported at $259.7 million versus $265.72M expected.

Keysight Technologies (NYSE: KEYS ) lifted 7.4%, reporting Q2 EPS of $2.12 versus $1.95 expected on revenues of $1.39 billion versus $1.38B expected.

Doximity Inc (NYSE: DOCS ) dipped 8.8% after the company reported Q4 EPS of $0.20 versus $0.17 expected on revenues of $111M versus $110.09M expected.

Ahead in Wednesday's session, market participants will be looking toward building permits and housing starts data, while companies including Target Corporation (NYSE: TGT ), Cisco Systems Inc (NASDAQ: CSCO ), Tencent Holdings Ltd (OTC: TCEHY ), and TJX Companies Inc (NYSE: TJX ) are scheduled to report.

During Tuesday's regular trade, the Dow Jones Industrial Average lost 336.5 points or 1% to 33,012.2, the S&P 500 lost 26.4 points or 0.6% to 4,109.9, and the Nasdaq Composite dipped 22.2 points or 0.2% to 12,343.1.

On the bond markets, United States 10-Year rates were at 3.541%.

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