Dow futures dip slightly after closing at 2023 high

Investing.com - US stock futures decreased slightly during Thursday's overnight trading, after the Dow Jones Industrial Average reached a new peak for 2023 and wrapping up its best month in over a year.

By 6:45 pm ET (11:45 pm GMT) Dow Jones Futures, S&P 500 Futures, Nasdaq 100 Futures, slipped by 0.1% apiece.

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In extended deals, Marvell Technology (NASDAQ:MRVL) fell 3.6% after the company reported EPS of $0.41 versus $0.4 expected on revenues of $1.42 billion versus $1.4 billion expected.

Ulta Beauty (NASDAQ:ULTA) surged 11.7%, reporting EPS of $5.07 versus $4.99 expected, while revenues came in at $2.5 billion versus $2.47 billion expected.

UiPath Inc. (NYSE:PATH) gained 11.5% after the company posted EPS of $0.12 versus $0.07 expected on revenues of $326 million versus $315.61 million expected.

Elastic N.V. (NYSE:ESTC) also jumped 17.5% after reporting EPS of $0.37 versus $0.24 expected on revenues of $311 million versus $304.44 million expected.

Dell (NYSE:DELL) dipped 4.4% after the company reported EPS of $1.88 versus $1.46 expected on revenues of $22.3 billion versus $23.01 billion expected.

Ahead in Friday's trade, traders will be monitoring earnings reports from Dominion Energy Inc (NYSE:D), Gartner Inc (NYSE:IT), and Cardinal Health Inc (NYSE:CAH), along with the release of construction spending data for October and ISM Manufacturing data for November.

During Thursday's regular session, the Dow Jones Industrial Average surged by 520 points or 1.47%, settling at 35,950.89 and surpassing its previous 2023 high reached in August. The S&P 500 rose by 0.4%, while the Nasdaq Composite fell slightly by about 0.2%.

November ended with stocks marking a record month and breaking a three-month losing streak. The S&P and Nasdaq rallied 8.9% and 10.7% respectively, recording their best monthly performances since July 2022. The Dow surged 8.8%, marking its best month since October 2022.

On the bond markets, United States 10-Year rates were at 4.328%.

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