© Reuters
By Oliver Gray
Investing.com – U.S. stock futures were trading higher during Monday’s evening deals, after major benchmark averages finished the regular trading session lower as last week’s optimism about slowing inflation pressures faded, with investors weighing comments from the Fed’s and .
By 6:30pm ET (11:30pm GMT) added 0.2%, were up 0.3% and gained 0.4%.
In extended deals, Nu Holdings Ltd (NYSE:) added 14.9% after earnings results, with revenues coming in at $1.3 billion versus $1.23B expected.
Shoals Technologies Group Inc (NASDAQ:) lifted 16.2% as the company Q3 EPS of $0.10 versus $0.08 expected revenue came in at $90.8 million versus $83.03M.
Meantime, Taiwan Semiconductor Manufacturing (NYSE:), Louisiana-Pacific Corporation (NYSE:) and Jefferies Financial Group Inc (NYSE:) popped 5.7%, 10% and 5% respectively as Warren Buffett’s Berkshire Hathaway (NYSE:) (NYSE:) revealed positions in the companies.
Ahead in Tuesday’s session, fresh data as well as comments from , and will be scrutinized for insights into the Federal Reserve’s plans for monetary policy.
In addition, fresh earnings results from major retailers including Walmart Inc (NYSE:), Home Depot Inc (NYSE:), Target Corporation (NYSE:), Lowe’s Companies Inc (NYSE:), and Foot Locker Inc (NYSE:) will be closely monitored throughout the week.
During Monday’s regular session, The fell 211.2 points or 0.6%, to 33,536.7. The dipped 35.7 points or 0.9% to 3,957.3 and the lost 127.1 points or 1.1% to 11,196.22.
On the bond markets, rates were at 3.863%.
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