👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Dow futures flat, Zoom dips 17.1% after earnings

Published 2023-07-31, 07:26 p/m
© Reuters.
US500
-
DJI
-
SBUX
-
PFE
-
AMD
-
ESH25
-
1YMH25
-
NQH25
-
IXIC
-
HLIT
-
US10YT=X
-
ANET
-
YUMC
-
UBER
-
ZI
-

Investing.com - U.S. stock futures were trading within a tight range during Monday's evening deals after major benchmark averages posted moderate gains as investors look toward a fresh deluge of quarterly earnings results throughout the week.

By 19:15 ET (23:15 GMT), Dow Jones futures, S&P 500 futures, and Nasdaq 100 futures were each trading flat.

In extended deals, ZoomInfo Technologies (NASDAQ:ZI) dipped 17.1%, reporting Q2 EPS of $0.26 versus $0.23 expected on revenues of $308.6 million versus $310.94M expected.

Yum China Holdings (NYSE:YUMC) fell 2.8% after the company reported Q2 EPS of $0.47 versus $0.46 expected, with revenues of $2.65 billion versus $2.72B expected.

Harmonic (NASDAQ:HLIT) shed 13.7% after reporting Q2 EPS of $0.12 versus $0.13 expected, while revenues came in at $156M versus $167.52 M expected.

Arista Networks (NYSE:ANET) popped 14%, reporting Q2 EPS of $1.58 versus $1.44 expected on revenues of $1.46B versus $1.38B expected.

Ahead in Tuesday's session, market participants will be monitoring Markit and ISM manufacturing PMIs and JOLTs job openings data, as well as quarterly earnings results from companies including Pfizer (NYSE:PFE), Advanced Micro Devices (NASDAQ:AMD), Starbucks (NASDAQ:SBUX), and Uber Technologies (NYSE:UBER).

During Monday's regular trade, the Dow Jones Industrial Average added 100.2 points or 0.3% to 35,559.5, the S&P 500 gained 6.7 points or 0.2% to 4,589, and the Nasdaq Composite lifted 29.4 points or 0.2% to 14,346.

On the bond markets, United States 10-Year rates were at 3.965%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.