Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Dow futures slip after positive session, retail sales ahead

Published 11/15/2022, 06:36 PM
© Reuters.

By Oliver Gray 

Investing.com - U.S. stock futures were trading lower during Tuesday’s evening deals, after major benchmark indices finished the regular session higher as weaker-than-expected producer price data boosted sentiment ahead of retail sales and further earnings results due later in the week.

By 6:30pm ET (11:30pm GMT) Dow Jones Futures, S&P 500 Futures and Nasdaq 100 Futures fell 0.2% apiece.

In extended deals, Lulu's Fashion Lounge Holdings Inc (NASDAQ:LVLU) shed 16.5% after reporting Q3 EPS of $0.02 versus $0.09 expected, while revenue came in at $105.3 million versus $114.23M expected.

Advance Auto Parts (NYSE:AAP) lost 11.2% after reporting Q3 EPS of $2.84 versus $3.32 expected on revenue of $2.6B versus $2.64B expected.

Ahead in Wednesday’s session, market participants will be monitoring fresh Retail Sales data, while earnings results from companies including Target Corporation (NYSE:TGT), Cisco Systems Inc (NASDAQ:CSCO) and NVIDIA Corporation (NASDAQ:NVDA) will be closely watched.

During Tuesday’s regular trade, the Dow Jones Industrial Average added 56.2 points, or 0.2% to 33,592.9, the S&P 500 added 34.5 points or 0.9% to 3,991.7 and the NASDAQ Composite gained 162.2 points or 1.5% to 11,358.4.

On the bond markets, United States 10-Year rates were at 3.777%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.