Dow futures tick higher; Adobe dips 2% after earnings

Investing.com - U.S stock were trading in a tight range during Thursday's evening deals, following a positive session for major benchmark averages as Arm's IPO debut boosted sentiment.

By 7:00pm ET (11:00pm GMT) Dow Jones Futures, S&P 500 Futures and Nasdaq 100 Futures were each up by 0.1%.

In extended deals, Adobe Systems Incorporated (NASDAQ:ADBE) fell 2% after the company reported Q4 EPS of $4.09 versus $3.97 expected on revenues of $4.89 billion versus $4.87 billion.

Copart Inc (NASDAQ:CPRT) was little changed after the company posted EPS of $0.34 versus $0.32 with revenues coming in at $997.6 million versus $962.78 million expected.

Lennar Corporation (NYSE:LEN) fell 0.4% after reporting Q3 EPS of $3.91 versus $3.51 expected on $8.7 billion versus $8.49 billion expected.

Ahead in Friday's trade, investors will be monitoring import and export price index data, NY Empire State manufacturing index, industrial production, as well as preliminary Michigan consumer sentiment and expectations.

During Wednesday's regular trade, the Dow Jones Industrial Average jumped 331.6 points or 1% to 34,907.1, the S&P 500 added 37.7 points or 0.8% to 4,505.1 and the NASDAQ Composite gained 112.5 points or 0.8% to 13,926.1.

On the data front, annualized produce price index data came in at 1.6%, ahead of 1.2% expected and increasing from last month's print of 0.8%.

On the bond markets, United States 10-Year rates were at 4.286%.