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Dow Futures Tick Higher as Indices Snap Two-Session Streak

By Oliver Gray

Investing.com - U.S. stock futures were trading slightly higher during Wednesday’s evening trade after regular benchmark indices snapped a two-day relief rally while yields ticked higher.

By 19:10 ET (23:10 GMT) Dow Jones Futures and S&P 500 Futures were flat while Nasdaq 100 Futures ticked 0.1% higher.

In extended deals, Richardson Electronics Ltd (NASDAQ:RELL) added 8% after the company reported Q1 EPS of $0.45, beating estimates of $0.24 while revenue came in at $67.6 million versus $61.4 million expected.

Resources Connection Inc (NASDAQ:RGP) added 4% after reporting Q1 EPS of $0.60 versus $0.48 expected on revenue of $204.1 million versus $205 million expected.

Ahead in Thursday’s session, market participants will be monitoring fresh jobless claims data as well as speeches from Waller and Mester. Meantime, Constellation Brands (NYSE:STZ) and Levi Strauss&Co (NYSE:LEVI) are also set to report earnings.

During Wednesday's regular session, the Dow Jones Industrial Average lost 42.5 points or 0.1%, to 30,273.9, the S&P 500 dipped 7.6 points or 0.2% to close at 3,783.3, and the NASDAQ Composite fell 27.8 points or 0.3% to 11,148.6.

On the bond markets, United States 10-Year rates were at 3.755%.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.