Dow futures little changed, Scholastic drops 15.3% after-hours

  • Investing.com
  • Stock Market News
Dow futures little changed, Scholastic drops 15.3% after-hours
Credit: © Reuters.

Investing.com - U.S. stock futures were trading in a tight range during Thursday's evening deals, after major benchmark averages extended declines during the regular session as higher Treasury yields sapped risk appetite.

By 7:05pm ET (11:05pm GMT) Dow Jones Futures , S&P 500 Futures and Nasdaq 100 Futures were each trading in a range of 0.1%.

In extended deals, Scholastic Corp (NASDAQ: SCHL ) shed 15.3% after reporting Q1 losses of $2.20 per share versus expected losses of $1.20 per share on revenues of $228.5 million versus $272.52 million expected.

For the latest earnings reports and fundamental analysis, check out InvestingPro.

Ahead in Friday's trade, investors will be looking towards preliminary services and manufacturing PMIs, as well as a speech from Fed Governor Cook .

During Thursday's regular deals, the Dow Jones Industrial Average lost 370.5 points or 1.1% to 34,070.4, the S&P 500 dipped 72.2 dipped or 1.6% to 4,330 and the NASDAQ Composite shed 245.1 points or 1.8% to 13,224.

On the bond markets, United States 10-Year rates were at fresh 16-year highs of 4.494%.

Add Chart to Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
Please try another search