© Reuters.
By Oliver Gray
Investing.com – U.S. stock futures were trading slightly higher in Monday’s evening deals after major benchmark averages finished the regular trading session lower as last week’s comeback rally stalled.
By 6:50pm ET (10:50pm GMT) and were pointing 0.1% higher while were up 0.2%.
In extended deals, Nike Inc (NYSE:) moved 2.7% lower after the company Q4 EPS of $0.90, beating estimates of $0.81 while revenue came in at $12.23 billion versus $12.09 billion expected.
Several major banks raised their dividends in response to successfully clearing this year’s Federal Reserve stress tests, with Morgan Stanley (NYSE:) moving 3.3% higher while Goldman Sachs Group Inc (NYSE:) added 1.7%.
Robinhood Markets Inc (NASDAQ:) fell 4.9% after FTX CEO Sam Bankman-Fried denies having mergers and acquisitions conversations with Robinhood.
Ahead in the session, market participants will be monitoring fresh and data.
During Monday’s trade, the fell 62.4 points or 0.2%, to 31,438.3, the lost 0.3% to 3,900.1 and the dipped 0.7%, falling to 11,524.6.
Heavyweight technology companies closed lower with Block Inc (NYSE:) down 2.2%, Amazon.com Inc (NASDAQ:) falling 2.8%, Microsoft Corporation (NASDAQ:) down 1.1% and Alphabet Inc (NASDAQ:) dipping 1.8%.
Energy companies bucked the overall trend, with Occidental Petroleum Corporation (NYSE:) up 2.4%, Devon Energy Corporation (NYSE:) adding 7.5%, Diamondback Energy Inc (NASDAQ:) up 3.9% and Chevron Corp (NYSE:) gaining 1.9%.
On the bond markets, yields were at 3.202%.
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