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Dow futures trade steady, WD-40 pops 4.5% after earnings

Published 2023-07-10, 07:30 p/m
© Reuters.
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Investing.com - U.S. stock futures were trading in a tight range during Monday's evening deals, after major benchmark averages snapped 3 sessions of consecutive declines ahead of key inflation data and earnings results slated for release later in the week.

By 19:20 ET (23:20 GMT), Dow Jones futures, S&P 500 futures, and Nasdaq 100 futures were trading within a range of 0.1%.

In extended deals, WD-40 Company (NASDAQ:WDFC) added 4.5% after reporting Q3 EPS of $1.34 versus $1.22 expected, while revenues came in at $141.7 million versus $138.4 million expected.

Voxx International Corporation (NASDAQ:VOXX) shed 11.9% after reporting Q1 losses of $0.45 per share versus expected losses of $0.04 per share. Revenue was reported at $111.93 million versus $125.38 million expected.

PriceSmart (NASDAQ:PSMT) lost 5%, reporting Q3 EPS of $1.02 versus $0.85 expected on revenues of $1.1 billion versus $1.1 billion expected.

Ahead in Tuesday's session, NFIB small business optimism and a speech from FOMC member Bullard will be closely watched ahead of Wednesday's key CPI print.

Quarterly earnings results from major banking companies are also due later in the week, with JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Company (NYSE:WFC), BlackRock Inc (NYSE:BLK), and Citigroup Inc (NYSE:C) set to release earnings on Friday.

Get the latest earnings results with InvestingPro.

During Monday's regular session, the Dow Jones Industrial Average added 209.5 points or 0.6% to 33,944.4, the S&P 500 gained 10.6 points or 0.2% to 4,409.5, and the Nasdaq Composite lifted 24.8 points or 0.2% to 13,685.5.

On the bond markets, United States 10-Year rates were at 3.997%.

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