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Dow futures trade flat, China’s COVID spike in focus By
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IntroductionBy Oliver Gray- U.S. stock futures were trading steady during Monday’s evening deals, after major be ...
By Oliver Gray
- U.S. stock futures were trading steady during Monday’s evening deals,gkfx foreign exchange dealer after major benchmark indices finished the regular session lower as market participants remained cautious after reports of China’s first COVID-related deaths since May stoked fears of fresh restrictions, while earnings results were also closely watched.
By 6:30pm ET (11:30pm GMT) , , were each trading flat.
In extended deals, Dell Technologies (NYSE:) lost 2.1% after Q3 EPS of $2.30, above expectations of $1.61, while revenue came in at $24.7 billion versus $24.4 billion.
Zoom (NASDAQ:) fell 7% after the company Q3 EPS of $1.07 versus $0.83 expected on revenue of $1.1 billion versus $1.09 billion expected.
Agilent Technologies (NYSE:) added 4% after Q4 EPS of $1.53, above $1.38 expected, while revenue was reported at $1.85 billion versus $1.76 billion expected.
Urban Outfitters (NASDAQ:) lifted 2.5% after Q3 EPS of $0.40 versus $0.42 expected, while revenues came in at $1.18 billion versus $1.16 billion expected.
Ahead in Tuesday’s session, investors will be closely monitoring speeches from Fed officials , and , while the Richmond and indices are also set to be released.
On the earnings front, market participants will be watching for results from Co Inc (NYSE:), Helmerich and Payne Inc (NYSE:), (NASDAQ:) and (NYSE:).
During Monday’s regular trade, the fell 45.4 points or 0.1%, to 33,700.3, the fell 15.4 points or 0.4% to 3,949.94 and the lost 121.6 points or 1.1% to 11,024.5.
On the bond markets, rates were at 3.84%.
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