Dow futures trade higher, Nike gains 8% after earnings

Investing.com - Stock futures were slightly higher Thursday evening, following a marginally positive session for major benchmark averages.

By 7:00pm ET (11:00pm GMT) Dow Jones Futures and Nasdaq 100 Futures were up by 0.2% while S&P 500 Futures added 0.1%.

In extended deals, Nike Inc (NYSE:NKE) lifted 8% after the company reported EPS of $0.94 versus $0.75 expected on revenues of $12.94 billion versus $13.02 billion expected.

Vail Resorts Inc (NYSE:MTN) was 0.3% lower after reporting losses of $3.35 per share versus expected losses of $3.32 per share, while revenues came in at $269.77 million versus $282.92 million expected.

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Ahead in Friday's trade, market participants will be monitoring PCE price index data, goods trade balance, personal income and spending, wholesale inventories, Michigan consumer sentiment and expectations as well as a speech from FOMC member Williams.

During Thursday’s regular session, the Dow Jones Industrial Average added 116.1 points or 0.4% to 33,666.4, the S&P 500 lifted 25.2 points or 0.6% to 4,299.7 and the NASDAQ Composite gained 108.4 points or 0.8% to 13,201.3.3.

On the data front, pending home sales and jobless claims came in below expectations while Q2 GDP data came in at 2.1%, in-line with estimates and unchanged from the previous quarter.

On the bond markets, United States 10-Year yields eased from recent 16-year highs to 4.579%.