Dow futures steady after CPI eases By Investing.com


© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading flat during Thursday’s evening deals, after major benchmark averages extended gains as fresh data showed cooling inflation pressures, boosting hopes that U.S. Federal Reserve officials may raise rates less aggressively at their next .

By 6:40pm ET (11:40pm GMT) and were flat while ticked 0.1% lower.

In extended deals, RF Industries (NASDAQ:) added 0.4% as the company Q4 EPS of $0.15 versus $0.11 expected while revenue came in at $23 million versus $22.26 million expected.

Ahead in Friday’s session, market participants will be looking toward fresh and price index data as well as University of Michigan’s and surveys.

On the earnings front, major financial companies including JPMorgan Chase & Co (NYSE:), Wells Fargo & Company (NYSE:), Citigroup Inc (NYSE:) and Bank of America Corp (NYSE:) are set to report results, alongside BlackRock Inc (NYSE:), UnitedHealth Group Incorporated (NYSE:) and Delta Air Lines Inc (NYSE:).

During Thursday’s regular trading, the added 217 points or 0.6% to 34,190, the added 13.6 points or 0.3% to 3,983.2 and the lifted 69.4 points or 0.6% to 11,001.1

On the bond markets, rates were at 5-week lows of 3.444%.

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