By Oliver Gray
Investing.com - U.S. stock futures traded mixed in early APAC trades on Thursday, following a negative session on Wednesday as investors weighed strong earnings against persistent inflation fears.
The Dow Jones Industrial Average fell 211.17 points, or 0.58% to 35,931.06, the S&P 500 slipped 12.23 points or 0.26% to 4,688.68 and the Nasdaq Composite lost 52.28 points or 0.33% to 15,921.57.
Dow Jones 30 Futures were down 0.1%, S&P 500 Futures were flat and Nasdaq 100 Futures added 0.1%.
Among stocks, Tesla (NASDAQ:TSLA) climbed 3.2% prices continued their recovery after CEO Elon Musk sold $US6 billion worth of Tesla stock last week. Amazon.com Inc (NASDAQ:AMZN) ticked up 0.23% and Apple (NASDAQ:AAPL) rose 1.65%. However Visa (NYSE:V) plunged 4.7% after Amazon said it will stop accepting purchases made with the company’s credit cards issued in the U.K. as of next year.
In extended deals, NVIDIA Corporation (NASDAQ:NVDA) popped 5.26% after reporting better than expected earnings and sales for the third fiscal quarter. Cisco Systems (NASDAQ:CSCO) dipped 6.62% after issuing next quarter earnings guidance at the low end of estimates. Sonos Inc (NASDAQ:SONO) added 2.78% after issuing strong full-year revenue guidance, while revenue fell short of analyst expectations. Victoria's Secret & Co (NYSE:VSCO) also surged 11.96% after reporting quarterly earnings results.
On the bond markets, United States 10-Year rates were steady around 1.585%.
The US Dollar Index traded just below 16-month highs of 95.813.