Dow futures tick lower ahead of key inflation report

By Oliver Gray 

Investing.com - U.S. stock futures fell slightly during Monday’s evening deals, after major benchmark averages bounced back from a negative week as investors prepare for key inflation data set to be released later in Tuesday’s session.

By 18:25 ET (23:25 GMT) Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures were each down 0.1%.

In extended deals, Oracle (NYSE:ORCL) lifted 2% after reporting Q2 EPS of $1.21, beating analyst estimates of $1.16, while revenue came in at $12.3 billion versus $11.95 billion expected.

Blue Bird Corporation (NASDAQ:BLBD) fell 4.5% after the company reported Q4 losses of $0.66 per share versus expected losses of $0.04 per share. Revenue was reported at $257.7 million versus $221.63 million expected.

Ahead in Tuesday’s session, market participants will be closely following November’s consumer price index report amid slowing inflation and economic activity ahead of Wednesday’s Federal Reserve interest rate decision.

During Monday’s regular trade the Dow Jones Industrial Average gained 528.6 points or 1.6% to 34,005, the S&P 500 gained 56.2 points or 1.4% to 3,990.6, and the NASDAQ Composite lifted 139.1 points or 1.3% to 11,143.7.

 On the bond markets, United States 10-Year rates were at 3.617%.

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