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Dow futures tick higher, Urban Outfitters lifts 5.3% after earnings


Investing.com – U.S. stock futures were trading slightly higher during Tuesday’s evening deals, following a mixed session for major benchmark averages as investors turned focus toward upcoming corporate earnings reports from companies including NVIDIA Corporation (NASDAQ:).

By 6:50pm ET (10:50pm GMT) , and were each trading 0.1% higher.

In extended trade, Urban Outfitters (NASDAQ:) added 5.3%, Q2 EPS of $1.10 versus $0.89 expected on revenues of $1.27 billion versus $1.25 billion expected.

La-Z-Boy Incorporated (NYSE:) eased 3.3% after the company Q1 EPS of $0.62 versus $0.54 expected, while revenues were reported at $482 million versus $476.2 million expected.

Toll Brothers (NYSE:) ticked up 0.6% after Q3 EPS of $3.73 versus $2.84 expected on revenues of $2.69 billion versus $2.4 billion expected.

Ahead in Wednesday’s trade, market participants will be closely monitoring , , as well as and PMIs.

Among earnings, companies including NVIDIA Corporation (NASDAQ:), Snowflake Inc (NYSE:), Autodesk Inc (NASDAQ:), Kohl’s Corp (NYSE:), Peloton Interactive Inc (NASDAQ:), Foot Locker Inc (NYSE:) and Abercrombie & Fitch Company (NYSE:) are expected to deliver quarterly results.

During Tuesday’s regular trade, the fell 174.9 points or 0.5% to 34,288.8, the lost 12.2 points or 0.3% to 4,387.5 and the eked out a small gain of 8.3 points or 0.1% to finish at 13,505.9.

On the bond markets, rates lifted to fresh 15-year highs of 4.332%.

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This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...