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Dow futures tick higher as CPI eases

© Reuters.

Investing.com – U.S. stock futures were trading slightly higher during Thursday’s evening deals as traders digested easing inflation pressures in July’s consumer inflation report ahead of wholesale price data.

By 18:45 ET (22:45 GMT), and were up by 0.1% apiece while lifted 0.2%.

In extended deals, Cano Health (NYSE:) tanked 50%, Q2 losses of $0.51 per share versus expected losses of $0.11 per share while revenue came in at $766.7 million versus $829M expected.

Pagaya (NASDAQ:) lifted 25% after the company Q2 EPS of $0.00 versus expected losses of $0.03 per share. Revenue was reported at $185.69M versus $188.94M expected.

Maxeon Solar Technologies (NASDAQ:) fell 19% after Q2 losses of $0.03 per share versus expected losses of $0.07 per share, while revenue came in at $348.4M versus $378.23M expected.

Ahead in Friday’s session, market participants will be monitoring data as well as preliminary Michigan consumer and data.

During Thursday’s regular trading session, the added 52.8 points or 0.2% to 35,176.2, the was little changed at 4,468.8, and the added 16 points or 0.1% to 13,738.

Among data releases, July’s came in at 3.2%, slightly below 3.3% forecasted, while rose 4.7% from the prior year.

On the bond markets, rates were at 4.107%.

 

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