Dow Futures Rise After Snapping 2-day Losing Streak By Investing.com

By Oliver Gray 

Investing.com – U.S. stock futures lifted during Thursday’s evening deals, after major benchmark indices finished the regular session higher in choppy trade as investors remain wary of persistent inflation pressures ahead of key data due later in the session.

By 6:55pm ET (10:55pm GMT) were up 0.1% while and added 0.2% apiece.

In extended deals, Okta Inc (NASDAQ:) moved 16.6% higher after Q1 losses of $0.27 per share, beating market expectations of a $0.34 loss. Revenue was at $414.9 million versus $388.8 million expected.

Joann Inc (NASDAQ:) moved 14.2% lower as the company Q1 losses of $0.22, $0.32 worse than estimates of $0.10. Revenue came in at $498 million versus $516.96 million expected.

Lululemon Athletica Inc (NASDAQ:) moved 2.3% higher after Q1 EPS of $1.16 versus $1.43 expected, while revenues were at $1.61 billion versus $1.55 billion expected.

RH (NYSE:) was little changed as the luxury home furnishings company Q1 EPS of $7.78 versus $5.38 expected, while revenues were at $957.3 million versus $925 million expected.

Zumiez Inc (NASDAQ:). fell 7.8% as the company Q1 losses of $0.02 per share versus earnings of $0.07 per share expected. Revenue for the quarter came in at $220.7 million versus $217.28 million expected.

Tillys Inc (NYSE:) dipped 6.3% after Q1 EPS of $0.03 versus $0.02 expected, while revenue came in at $145.8 million versus $145.79 million expected.

Crowdstrike Holdings Inc (NASDAQ:) fell 2.5% after despite earnings of $0.31 versus $0.23 expected on revenues of $487.8 million versus $463.9 million expected.

Cooper Companies Inc (NYSE:) fell 3.3% after Q2 EPS of $3.24 versus $3.43 expected, while revenue came in at $829.8 million versus $821 million.

Market participants will be closely monitoring fresh data as well as new purchasing managers’ index data from and slated for release later in the session.

During Thursday’s regular session, the gained 435.05 points, or 1.3%, to 33,248.28, the lifted 1.8% to 4,176.82 and the added 2.7% to 12,316.90.

On the data front, Investors were also digesting data which showed the slowest job creation pace of the pandemic-era recovery.

On the bond markets, yields were at 2.911%.