Dow futures trade lower, Pacwest tanks 55.6% on sale reports By

- U.S. stock futures were trading lower during Wednesday's evening deals,ghc foreign exchange platform after major benchmark indices extended declines during the regular session, with Federal Reserve policymakers by 25 basis points, while further stress on regional banks (NYSE:) also soured risk sentiment.

By 7:00pm ET (11:00pm GMT) and declined 0.5% apiece while were down 0.1%.

In extended deals, (NASDAQ:) tanked 55.6% as Bloomberg reported news of a potential sale.

Among reporting companies, (NASDAQ:) added 3.4%, Q1 EPS of $0.53 versus $0.50 expected on revenues of $640.9 million versus $622.05 million expected.

(NASDAQ:) added 8% after reporting Q1 EPS of $2.90 versus $1.94 expected while revenue came in at $943.9 million versus $932.83 million expected.

(NASDAQ:) lifted 3.9% after Q1 EPS of $0.35 versus $0.10 expected, while revenue came in at $469 million versus $425.11 million expected.

Qualcomm Incorporated (NASDAQ:) shed 6.6%, Q2 EPS of $2.15, in-line with expectations, while revenue was reported at $9.27 billion versus $9.09 billion expected.

Ahead in Thursday's trade, market participants will be looking toward , data and a preliminary reading.

On the earnings front, companies scheduled to deliver results include Apple Inc (NASDAQ:), ConocoPhillips (NYSE:), Inc (NASDAQ:), LYFT Inc (NASDAQ:), DraftKings Inc (NASDAQ:) and Inc (NASDAQ:).

During Wednesday's regular trade, the lost 270.3 points or 0.8% to 33,414.3, the fell 28.8 points or 0.7% to 4,090.7 and the dropped 55.2 points or 0.5% to 12,025.3.

On the bond markets, rates were at 3.364%.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!