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Dow futures remain flat, Capital One pops 5.5% after-hours

Published 16/05/2023, 08:28 am
Updated 16/05/2023, 08:37 am
© Reuters.

© Reuters.

Investing.com - U.S. stock futures were trading in a tight range during Monday's evening deals, after major benchmark averages finished higher during the regular session as debt ceiling negotiations between congressional leaders and President Joe Biden.

By 18:30 ET (22:30 GMT), Dow Jones futures, S&P 500 futures, Nasdaq 100 futures were each trading within a range of 0.1%.

in extended deals, Capital One Financial (NYSE:COF) gained 5.5% after Warren Buffett's Berkshire Hathaway (NYSE:BRKa) took a new position in the company.

Ahead in Tuesday's session, market participants will be closely monitoring retail sales, industrial production, and business inventories, as well as speeches from Mester, Bostic, Williams, and Logan.

Earnings results from Home Depot Inc (NYSE:HD), Baidu Inc (NASDAQ:BIDU), Tencent Music Entertainment Group (NYSE:TME), and James Hardie (NYSE:JHX) are also scheduled for release throughout the session.

During Monday's regular trade, the Dow Jones Industrial Average added 48 points or 0.1% to 33,348.6, the S&P 500 lifted 12.2 points or 0.3% to 4,136.3, and the Nasdaq Composite added 80.5 points or 0.7% to 12,365.2.

On the bond markets, United States 10-Year rates were at 3.507%.

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