Dow futures slip amid corporate earnings, Fed meeting in focus

US stock futures were mixed during Monday night as investors sifted through the latest batch of corporate earnings, with the Federal Reserve's policy meeting on the horizon.

By 6:20 pm ET (11:20 pm GMT) Dow Jones Futures ticked 0.1% lower, S&P 500 Futures were flat and Nasdaq 100 Futures added 0.1%.

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In extended deals, Nucor Corp (NYSE:NUE) lifted 1.3% after hours, reporting EPS of $3.16 versus $2.93 expected on revenues of $7.7 billion versus $7.57 billion expected.

Super Micro Computer Inc (NASDAQ:SMCI) gained 10.4% after the company reported EPS of $5.59 versus $4.51 expected, with revenues coming in at $3.66 billion versus $2.8 billion expected.

Alexandria Real Estate Equities Inc (NYSE:ARE) ticked 0.4% lower, reporting EPS of losses of $0.54 per share versus EPS of $0.56 expected, while revenues came in at $757.2 million versus $740.16 million expected.

Graco Inc (NYSE:GGG) slipped 1.3%, reporting EPS of $0.8 versus $0.79 expected, with revenues coming in at $566.6 million versus $562.98 million expected.

During Monday's regular session, the Dow Jones Industrial Average and the S&P 500 each logged their sixth record close of the year, gaining 0.6% and 0.8% respectively, while the NASDAQ Composite added 1.1%.

Markets rallied late on Monday following the U.S. Treasury Department's announcement that it expects to borrow less than previously anticipated in Q1, largely due to forecasted increases in net fiscal flows and a higher cash balance at the start of the quarter.

Upcoming earnings reports from mega-cap tech companies Microsoft Corporation (NASDAQ:MSFT) and Alphabet Inc (NASDAQ:GOOGL) will also be closely watched. These firms, part of a group known as the "Magnificent 7," have been instrumental in driving up the S&P 500 with their significant gains. Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META), and Apple Inc (NASDAQ:AAPL) are also set to release their quarterly financials later this week.

In addition to tech, General Motors Company (NYSE:GM) and United Parcel Service Inc (NYSE:UPS) are among the well-known companies scheduled to share results before Tuesday's opening bell, while Starbucks Corporation (NASDAQ:SBUX) will report after the market closes.

Investors will also monitor Tuesday's economic data on housing, the labor market, and consumer confidence as they finalize their expectations for Wednesday's monetary policy announcement and subsequent press conference.

On the bond markets, United States 10-Year rates were at 4.075%.