Dow Futures Little Changed After Worst Session Since 2020 By Investing.com


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By Oliver Gray 

Investing.com – U.S. Stock futures were little changed in overnight trading Thursday after major benchmark indices finished the regular trading session deep in the red, with the Dow Jones Industrial Average posting its worst day since 2020.

By 6:45pm ET (10:45pm GMT) were flat, eased 0.1% and were down 0.2%.

In extended deals, Block Inc (NYSE:) lifted 7.8% despite weaker than expected results. Q1 EPS came in at $0.18 versus $0.24 expected on revenues $3.96 billion versus the consensus estimate of $4.19 billion.

Zillow Group Inc (NASDAQ:) fell 8.9% after , with Q1 revenues coming in at $4.3 billion versus the consensus estimates of $3.38 billion.

Luminar Technologies (NASDAQ:) fell 7.8% as the company losses per share of $0.25 versus $0.13 expected. Revenues for the quarter came in at $6.9 million versus $8.54 million expected.

Opendoor Technologies Inc (NASDAQ:) popped 13.7% after results. Q1 EPS came in at $0.04 versus losses of $0.13 expected. Revenues came in at $5.2 billion versus the consensus estimate of $4.29 billion.

DoorDash Inc (NYSE:) lifted 8% as the company losses per share of $0.48, worse than analyst estimates of $0.41, while revenues came in at $1.46 billion versus $1.37 billion expected.

Bill Com Holdings Inc (NYSE:) tanked 13.2% after Q3 losses of $0.08 per share, beating estimates of a $0.16 loss per share. Revenues for the quarter came in at $166.9 million versus $157.62 million expected.

MercadoLibre Inc (NASDAQ:) gained 6.8% after Q1 EPS of $1.30, slightly below estimates of $1.36. Revenue for the quarter came in at $2.2 billion versus $2.02 billion expected.

On the data front, market participants will be closely monitoring the upcoming April jobs report, set for release Friday morning. are expected to add 400,000 jobs, while the is expected to fall to 3.5% in April, down from 3.6% in March.

During Thursday’s regular deals, The lost 1,063 points or 3.12% to close at 32,997.97 while the fell 4.99% to finish at 12,317.69, posting the worst single-day drops since 2020. Meantime, the fell 3.56% to 4,146.87 to mark its second worst day of 2022.

On the bond markets, rates were at 3.035%.

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