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Dow futures tick higher following negative session
Investing.com - U.S. stock futures were trading slightly higher during Tuesday night trade, following a negative session for major benchmark averages.
By 6:20pm ET (10:20pm GMT) Dow Jones Futures, S&P 500 Futures and Nasdaq 100 Futures were up by 0.1% apiece.
Ahead in Wednesday's trade, investors will be monitoring durable goods orders, while companies including Micron Technology Inc (NASDAQ:MU), Paychex Inc (NASDAQ:PAYX), Jefferies Financial Group Inc (NYSE:JEF) and Concentrix Corp (NASDAQ:CNXC) are scheduled to report quarterly earnings results.
Upgrade your stock analysis with the latest earnings results from InvestingPro.
During Tuesday's regular session, the Dow dropped 388 points or 1.1% to 33,618.9, the S&P 500 lost 63.9 points or 1.5% to 4,273.5 and the NASDAQ Composite lost 207.7 points or 1.6% to 13,063.6.
On the data front, both new home sales and CB consumer confidence came in below analyst expectations as higher borrowing costs weighed on housing market activity.
On the bond markets, United States 10-Year rates held near 16-year highs of 4.55%.
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