Dow futures tick lower, Lululemon slips 2.5% after earnings

Investing.com - Thursday evening saw US stock futures trading slightly lower following a positive session among major benchmark averages as investors set their sights on the upcoming jobs report later in Friday's session.

By 6:20 pm ET (11:20 pm GMT) Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures each declined by 0.1% apiece.

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In extended deals, Lululemon Athletica Inc (NASDAQ:LULU) dipped 2.5% after reporting EPS of $2.53 versus $2.28 expected on revenues of $2.2 billion versus $2.19 billion expected.

DocuSign Inc (NASDAQ:DOCU) lost 1.9% after the company reported EPS of $0.79 versus $0.63 expected on revenues of $700.4 million versus $690.26 million expected.

Cooper Companies Inc (NASDAQ:COO) dipped 1.3% after reporting EPS of $3.47 versus $3.48 expected on revenues of $927.1 million versus $724.78 million expected.

Smith & Wesson Brands Inc (NASDAQ:SWBI) also shed 4.8% after the company reported EPS of $0.14 versus $0.18 expected, while revenues came in at $124.96 million versus $123.77 million expected.

During regular trading, the Dow Jones Industrial Average advanced by 62.95 points, or 0.17%, and the S&P 500 rose by 0.8%, both breaking their three-day losing streaks. The NASDAQ Composite also saw a significant increase, jumping by 1.37%.

As the week draws to a close, the Dow is projected to record a loss of approximately 0.4%, and the S&P 500 is headed for a 0.2% decline. On the other hand, the Nasdaq managed to claw back into the green for the week, currently up by 0.2%.

Investors this week have primarily focused on jobs data, with several reports released throughout the week leading up to Friday's crucial November nonfarm payrolls report. Initial jobless claims reported on Thursday came in at 220,000, while continuing claims stood at 1.861 million.

Earlier in the week, investors were presented with private payrolls data that revealed employers added fewer positions than economists had predicted. Job openings data also showed a decline to the lowest level since March 2021.

Following Friday's jobs report, investors are also keenly anticipating the University of Michigan's preliminary consumer sentiment data for December, set to be released at 10 a.m. ET on Friday.

In bond markets, United States 10-Year yields touched 14-week lows of 4.148%.