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Dow Futures Steady as Indices Extend Gains Amid Choppy Trade

Published 09/08/2022, 07:12 PM
Updated 09/08/2022, 07:12 PM
© Reuters.

By Oliver Gray 

Investing.com - U.S. stock futures were little changed during Thursday’s evening deals, after major benchmark indices extended gains for the second consecutive session as investors digested Fed Chair Powell’s latest comments on inflation.

By 19:05 ET (23:05 GMT) Dow Jones Futures were little changed while S&P 500 Futures and Nasdaq 100 Futures added 0.1% and 0.2%, respectively

In extended deals, DocuSign Inc (NASDAQ:DOCU) added 18.6% after reporting Q2 EPS of $0.44 versus $0.42 expected on revenues of $622.2 million versus $602.4 million expected.

American Outdoor Brands Inc (NASDAQ:AOUT) dipped 8.7% after the company reported Q2 EPS of $0.01, worse than $0.07 expected, while revenue came in at $43.7 million versus $44.48 million expected.

National Beverage (NASDAQ:FIZZ) dropped 1.5% after reporting Q2 EPS of $0.38 versus $0.52 expected on revenues of $318.1 million versus $331.97 million expected.

Zscaler (NASDAQ:ZS) lifted 12.2% after reporting Q4 EPS of $0.25, above expectations of $0.21, while revenue came in at $318.1 million versus $305.43 million expected.

Limoneira Co (NASDAQ:LMNR) added 10.3% as the company reported Q3 EPS of $0.41, above analyst estimates of $0.24, while revenue was reported at $58.9 million versus $51.39 million expected.

Zumiez Inc (NASDAQ:ZUMZ) dropped 10.5%, reporting Q2 EPS of $0.16, below expectations of $0.47, while revenue came in at $220 million versus $232.71 million.

Smith & Wesson Brands Inc (NASDAQ:SWBI) fell 6.4% as the company reported Q1 EPS of $0.11 versus $0.57 expected on revenues of $84.4 million versus $167.68 million expected.

During Thursday’s session, the Dow Jones Industrial Average jumped 193.24 points, or 0.61%, to close at 31,774.52. The S&P 500 rose 0.66% to 4,006.18, and the Nasdaq Composite advanced 0.60% to 11,862.13.

On the bond markets, United States 10-Year rates were at 3-month highs of 3.323%.

 
 

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