Dow futures little changed, Chegg tanks 21.5% after earnings By Investing.com


© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages finished the regular session lower as rising yields put pressure on risk sensitive assets ahead of key speeches set to be delivered by Federal Reserve officials later in Tuesday’s session.

By 6:30pm ET (11:30pm GMT) , and were trading in a range of 0.1%.

In extended deals, Chegg (NYSE:) fell 21.5% after the company Q4 EPS of $0.40 versus $0.36 expected on revenues of $205.2 million versus $202.12 million expected.

Pinterest (NYSE:) dipped 2.8% after Q4 EPS of $0.29 versus $0.27 expected on revenues of $877 million versus $887.01 million expected.

Skyworks Solutions (NASDAQ:) added 2.5% after Q1 EPS of $2.59, in-line with expectations, while revenues were reported at $1.33 billion versus $1.32 billion.

Ahead in Tuesday’s session, market participants will be monitoring fresh data as well as speeches from Fed Chair and Vice Fed Chair .

On the earnings front, companies including BP (LON:) PLC ADR (NYSE:) and Chipotle Mexican Grill Inc (NYSE:) are set to report quarterly results.

During Monday’s regular trade, the fell 35 points or 0.1% to 33,891, the fell 25.4 points or 0.6% to 4,111.1 and the dropped 119.5 points or 1% to 11,887.5.

On the bond markets, rates were at 3.644%.

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