Dow futures little changed amid weakening data, earnings in focus By
2023-01-19 09:20:03
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By Oliver Gray 

- U.S. stock futures remained little changed during Wednesday’s evening trade, after major benchmark averages finished lower as investors digested weakening economic data and slew of fresh earnings results.

By 6:40pm ET (11:40pm GMT) , and were all trading within a range of 0.1%.

In extended deals, Discover Financial Services (NYSE:) fell 6.2% after Q4 EPS of $3.77 versus $3.65 expected, while revenue was reported at $3.73 billion versus $3.67 billion expected.

Corp (NYSE:) lost 4.3% after the company Q4 losses of $0.70 per share, worse than expected losses of $0.67, while revenue came in at $2.7 billion versus $2.66 billion expected.

H B Fuller Company (NYSE:) fell 3.9%, Q4 EPS of $1.04 versus $1.24 expected, while revenue came in at $960 million versus $1.01 billion expected.

Ahead in Thursday’s session, investors will be monitoring , , and , while the Fed’s , and FOMC member are also set to deliver speeches.

On the earnings front, major companies including Procter & Gamble Company (NYSE:), Netflix Inc (NASDAQ:), and Truist Financial Corp (NYSE:) are set to deliver earnings results on Thursday.

During Wednesday’s regular trade, fell 613.9 points or 1.8% to 33,2967, the fell 62.1 points or 1.6% to 3,928.9, posting its worst daily decline in 4 weeks, while the lost 138.1 points or 1.2% to 11,957.

On the bond markets, rates fell to fresh 4-month lows of 3.379%.

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