© Reuters.
By Oliver Gray
Investing.com – U.S. stock futures were trading slightly lower during Wednesday’s evening trade, after major benchmark averages finished in the green as weakening economic data boosted hopes that aggressive rate hikes are cooling the economy, while the Fed’s showed that policymakers remained committed to higher rates for some time to come.
By 6:40pm ET (11:40pm GMT) were down 0.1% while and each traded flat.
In extended deals, Richardson Electronics Ltd (NASDAQ:) added 7.6% after the company Q2 EPS of $0.39 versus $0.29 expected, while revenue came in at $65.9M versus $64.5M expected.
Simulations Plus (NASDAQ:) fell 2.8% after Q1 EPS of $0.06 versus $0.09 expected on revenues of $11.96M versus $12.39M expected.
Ahead in Thursday’s session, market participants will be monitoring , , and PMIs, while Fed speakers and are due to deliver speeches.
During Wednesday’s regular trade, the added 133.4 points or 0.4% to 33,269.8, the gained 28.9 points or 0.8% to 3,853 and the lifted 71.8 points or 0.7% to 10,458.8.
On the bond markets, rates were at 3.694%.
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