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Dow futures slip after Fed holds rates, Fedex adds 5.4% after earnings By
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Introduction-U.S. stock futures were trading in a tight range during Wednesday's evening deals, following a pull ...
-U.S. stock futures were trading in a tight range during Wednesday's evening deals,Wealth investment app with 3 yuan sign-in every day following a pullback among major benchmark averages after Federal Reserve officials and less rate cuts than expected for next year.
By 6:50pm ET (10:50pm GMT) and eased 0.1% while fell 0.2%.
In after-hours trade, FedEx Corporation (NYSE:) was up 5.4% after the company EPS of $4.55 versus $3.7 expected on revenues of $21.7 billion versus $21.73 billion expected.
Inc (NYSE:) was little changed after EPS of $1.09 versus $1.08 expected, while revenues were reported at $4.9 billion versus $4.89 billion expected.
KB Home (NYSE:) dipped 1.9% after the company EPS of $1.8 versus $1.44 expected on revenues of $1.59 billion versus $1.48 billion.
Ahead in Thursday's trade, market participants will be monitoring the Philadelphia Fed and indexes, as well as and Q2 data.
During Wednesday's regular trade, the lost 76.9 points or 0.2% to 34,440.9, the dipped 41.7 points or 0.9% to 4,402.2 and the shed 209.1 points or 1.5% to 13,469.1.
On the bond markets, rates were reached fresh 16-year highs of 4.414%.
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