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U.S. Stock Futures Tick Higher After Indices Resume Declines


U.S. Stock Futures Tick Higher After Indices Resume Declines By Investing.com

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Stock Markets 1 hour ago (Sep 22, 2022 07:14PM ET)

(C) Reuters.

By Oliver Gray

Investing.com – U.S. stock futures were trading slightly higher during Thursday evening after major benchmark averages finished the regular session lower as risk sentiment was dampened following an expected 75 basis point rate hike from the Federal Reserve and continued concerns of slowing global growth.

By 7:10pm ET (11:10pm GMT) Dow Jones Futures were up 0.2%, while S&P 500 Futures and Nasdaq 100 Futures were up 0.1%.

In extended deals, Costco (NASDAQ:COST) fell 3% after reporting Q4 EPS of $4.20, better than $4.15 expected while revenue came in at $72.09 billion versus $71.64 billion expected.

CalAmp Corp (NASDAQ:CAMP) added 4% after reporting Q2 losses of $0.02 per share, slight better than expected losses of $0.03. Revenue came in at $72.8 million versus $69.27 million expected.

During Thursday’s regular session, the Dow Jones Industrial Average fell 107.10 points lower or 0.35 to 30,076.68, the NASDAQ Composite decreased 1.4% to 11,066.8 and the S&P 500 lost 0.8% to 3,758.

On the data front, initial jobless claims came in at 213K, slightly under expectations of 218K.

On the bond markets, United States 10-Year rates were at 3.710%.

U.S. Stock Futures Tick Higher After Indices Resume Declines

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