Markets

Dow Futures Little Changed after Indices Record Second Day of Gains by Investing.com


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By Oliver Gray 

Investing.com – U.S. stock futures were during Monday’s trading session, with major benchmark averages notching their second day of gains as market participants digested an increasing volume of corporate earnings results.

At 7:15 PM ET (11:15 GMT), the market was up 0.2% and had gained 0.1% each.

Cadence Design Systems Inc. (NASDAQ:) increased 0.7% after the Q3 earnings of $1.06 for the company, versus $0.96 on revenue of $871.2 million.

Calix Inc (NYSE:) saw an 8.1% increase in EPS after Q3 of $0.34, beating expectations by $0.23. Revenue was $236.3 million, compared to $215.23 million anticipated.

Aaron’s (NYSE -) climbed 17.3% following Q3 EPS $0.31. This was higher than estimates of $0.12. The quarter’s revenue was $593.4 million, compared to the consensus estimate of $561.89 millions.

Discover Financial Services (NYSE) fell 1.9% after Q3EPS of $3.54, below $3.73 anticipated, while revenue was reported as $3.48 billion, versus $3.37 billion.

Amazon.com Inc (NASDAQ) shares fell 0.6% in the meantime, following reports of a hiring freeze.

During Monday’s regular trade, the added 417 points or 1.3% to 31,499.6, the  gained 44.6 points or 1.2% to 3,797.4 and the added 92.9 points or 0.9% to 10,952.6.

Ahead in Tuesday’s session, investors will be monitoring fresh and data, as well as earnings results from companies including Alphabet (NASDAQ:), Microsoft Corporation (NASDAQ:), Coca-Cola Co (NYSE:), General Electric Company (NYSE:) United Parcel Service Inc (NYSE) General Motors Company, Texas Instruments Incorporated (NASDAQ).

Rates were at 4.247% on the bond markets.

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Stocksak Editorial

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