By Oliver Gray
Investing.com - U.S. stock futures remained little changed in Monday’s evening trade, after a mixed session for major benchmark indices as market participants weighed slowing U.S. economic growth, interest rate hikes from central bank policymakers and heightened inflation pressures.
In extended deals, Shapeways Holdings, Inc. (NYSE: SHPW ) moved 3.6% higher after reporting Q1 losses of 8 cents per share versus losses of 10 cents expected, on revenues of $7.57 million versus $7.34 million expected.
Shoals Technologies Group Inc (NASDAQ: SHLS ) lifted 4.9% despite missing earnings estimates as the company reported Q1 EPS of 5 cents versus 7 cents expected, while revenue came in at $68 million versus $70.38 million expected.
Global-E Online Ltd (NASDAQ: GLBE ) tanked 28.3% after reporting earnings results, with Q1 losses coming in at 35 cents per share versus losses of 13 cents expected. Revenues were at $76.3 million versus estimates of $74.98 million.
Take-Two Interactive Software Inc (NASDAQ: TTWO ) lifted 3.5% as the company reported EPS of 95 cents versus $1.01 expected, while Total Net Bookings increased 8% year-over-year to $845.8 million, missing estimates of $883.62 million.
United Airlines Holdings Inc (NASDAQ: UAL ) also added 2.8% after the company issued an update on its second-quarter outlook.
Investors will be looking ahead to retail sales and industrial production releases on Tuesday, while companies such as Walmart Inc (NYSE: WMT ), Home Depot Inc (NYSE: HD ) and JD.com Inc (NASDAQ: JD ) are slated to deliver earnings results.
During Monday’s regular session, the Dow Jones Industrial Average added 26.76 or 0.1%, to 32,223.43. The S&P 500 fell 15.9 points or 0.4% to 4,008.01 and the NASDAQ Composite dipped 1.2% to 11,662.79.
Major technology players were the main drag on sentiment, with Block Inc (NYSE: SQ ) down 5.3%, Amazon.com Inc (NASDAQ: AMZN ) falling 2%, Twitter Inc (NYSE: TWTR ) shedding 8.2%, Apple Inc (NASDAQ: AAPL ) down 1.1% and Alphabet Inc (NASDAQ: GOOGL ) falling 1.4%.
On the bond markets, United States 10-Year rates were at 2.886%.
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