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Dow futures steady, Zoom adds 1.1% after earnings results
Investing.com - US stock futures traded within a tight range during Monday's evening deals, following moderate gains among major benchmark averages as lower yields boosted tech behemoths ahead of key Nvidia earnings later in the session.
By 6:30 pm ET (11:30 pm GMT) Dow Jones Futures and S&P 500 Futures were flat while Nasdaq 100 Futures ticked 0.1% higher.
In extended deals, Zoom Video Communications Inc (NASDAQ:ZM) added 1.1% after the company reported EPS of $1.29 versus $1.08 expected on revenues of $1.14 billion versus $1.12 billion expected.
Agilent Technologies Inc (NYSE:A) added 6.4% after the company reported EPS of $1.38 versus $1.35 expected on revenues of $1.69 billion versus $1.67 billion expected.
Keysight Technologies Inc (NYSE:KEYS) added 2.8% after the company reported EPS of $1.99 versus $1.87 expected on revenues of $1.31 billion versus $1.3 billion expected.
During regular trading hours on Monday, the Dow Jones Industrial Average added 203.8 points or 0.6% to 35,151.1, the S&P 500 gained 33.4 points or 0.7% to 4,547.4 and the NASDAQ Composite lifted 159.1 points or 1.1% to 14,284.5.
Ahead in Tuesday's trade, market participants will be closely monitoring the FOMC minutes from the latest policy meeting as well as existing home sales data and the Chicago Fed national activity index.
On the earnings front, key companies to report results include NVIDIA Corporation (NASDAQ:NVDA), Lowe’s Companies Inc (NYSE:LOW), Analog Devices Inc (NASDAQ:ADI), Dell Technologies Inc (NYSE:DELL), Baidu Inc (NASDAQ:BIDU), HP Inc (NYSE:HPQ) and Best Buy Co Inc (NYSE:BBY).
On the bond markets, 10-year rates were nearing 9-week lows of 4.424%.
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