Dow futures trade flat, Microsoft dips 1% after earnings

By Oliver Gray - U.S. stock futures were trading steady during Tuesday’s evening deals, after major benchmark indices finished the regular session mixed as investors brace for a deluge of corporate earnings throughout the week.

By 18:25 ET (23:25 GMT) Dow Jones futures, S&P 500 futures, and Nasdaq 100 futures were trading within a range of 0.1%.

In extended deals, Microsoft (NASDAQ:MSFT) dipped 1% after the company reported Q2 EPS of $2.32 versus $2.30 expected, while revenue was reported at $52.7 billion versus $53.12B expected.

Intuitive Surgical (NASDAQ:ISRG) fell 9.3% after reporting Q4 EPS of $1.23 versus $1.26 expected on revenues of $1.66B versus $1.68B expected.

Ahead in Wednesday’s session, investors will be looking ahead to earnings results from companies including Tesla (NASDAQ:TSLA), Abbott Laboratories (NYSE:ABT), AT&T (NYSE:T), International Business Machines (NYSE:IBM), and Boeing (NYSE:BA).

During Tuesday’s regular trade, the Dow Jones Industrial Average finished 104.4 points or 0.3% higher at 33,734, the S&P 500 eased 2.9 points or 0.1% to 4,016.9, and the Nasdaq Composite lost 30.1 points or 0.3% to 11,334.3.

On the bond markets, United States 10-Year rates were at 3.455%.

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