Dow futures trade flat, Rent the Runway surges 23.5% after earnings By Investing.com


© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were little changed during Wednesday’s evening deals, after major benchmark averages finished mixed as investors weighed growing prospects of an economic downturn.

 by 6:20pm ET (11:20pm GMT) , and were each trading within a range of 0.1%.

In extended deals, Rent the Runway Inc (NASDAQ:) popped 23.5% after Q3 losses of $0.56 per share versus expected losses of $0.71 per share, while revenue came in at $77.4 million versus $79.88 million.

HashiCorp Inc (NASDAQ:) lifted 6.9% after the company Q2 losses of $0.13 per share versus expected losses of $0.32 per share. Revenue was reported at $125.3 million versus $111.09 million expected.

Ahead in Thursday’s trade, market participants will be looking toward fresh data, while earnings results from  companies including Costco Wholesale Corp (NASDAQ:), Lululemon Athletica Inc (NASDAQ:), DocuSign Inc (NASDAQ:) and Broadcom Inc (NASDAQ:) will also be closely monitored.

During Wednesday’s regular trade, the finished little changed at 33,597.9, the fell 7.3 points or 0.2% to 3,933.9 and the lost 56.3 points or 0.5% to 10,958.6.

On the bond markets, rates were at 3.421%.

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