Dow futures tick lower, Nike drops 4.3% after earnings

Investing.com - U.S. stock futures were trading in a mixed fashion during Thursday's evening deals, following a mostly positive session among major benchmark averages as higher-than-expected GDP data boosted sentiment, while banks lifted after the Fed noted that each of the 23 institutions included in its annual stress test were well enough capitalized to weather a severe recession.

By 18:45 ET (22:45 GMT), Dow Jones futures were 0.1% lower, while S&P 500 futures and Nasdaq 100 futures were trading flat.

In extended deals, Nike (NYSE:NKE) fell 4.3% after the company reported Q4 EPS of $0.66, $0.02 worse than the analyst estimate of $0.68, while revenue came in at $12.8 billion versus $12.58B.

Accolade (NASDAQ:ACCD) popped 15.4% after reporting Q1 losses of $0.52 per share versus expected losses of $0.62 per share. Revenue was reported at $93.2 million versus $90.27M expected.

Ahead in Friday's trade, market participants will be monitoring fresh PCE price index data, personal income, and spending, as well as the Michigan consumer sentiment and expectation surveys.

During Thursday’s regular trading, the Dow Jones Industrial Average added 269.8 points or 0.8% to 34,122.4, the S&P 500 lifted 19.6 points or 0.5% to 4,396.4, while the Nasdaq Composite finished flat at 13,591.3.

On the bond markets, United States 10-Year rates were at 3.848%.