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Dow futures remain flat, earnings in focus

Published 24/01/2023, 10:35 am
© Reuters.
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By Oliver Gray 

Investing.com - U.S. stock futures were little changed during Monday’s evening trade after major indices finished the regular session higher as investors digested a fresh batch of corporate earnings results.

By 18:40 ET (23:40 GMT) Dow Jones futures, S&P 500 futures, and Nasdaq 100 futures were all trading within a range of 0.1%.

In extended deals, Zions Bancorporation (NASDAQ:ZION) fell 2.5% after the company reported Q4 EPS of $1.84 versus $1.65 expected on revenues of $873 million versus $865.83M expected.

Ahead in Tuesday’s session, investors will be looking towards Manufacturing and Services PMIs, and the Richmond manufacturing index.

On the earnings front, investors will be closely monitoring results from companies including Microsoft (NASDAQ:MSFT), Johnson & Johnson (NYSE:JNJ), Texas Instruments (NASDAQ:TXN), and Verizon (NYSE:VZ).

During Monday’s regular trade, the Dow Jones Industrial Average added 254.1 points or 0.8% to 33,629.6, the S&P 500 lifted 47.2 points or 1.2% to 4,019.8, and the Nasdaq Composite added 224 points or 2% to 11,364.4.

On the bond markets, United States 10-Year rates were at 3.515%.

 

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