Dow futures tick higher, debt ceiling negotiations continue

  • Stock Market News
Dow futures tick higher, debt ceiling negotiations continue
Credit: © Reuters. - U.S stock futures were trading higher during Thursday's evening deals, after major benchmark averages capped a positive session as investors continued to monitor U.S debt ceiling negotiations.

By 19:05 ET (23:05 GMT) Dow Jones futures added 0.1%, S&P 500 futures were up 0.2%, and Nasdaq 100 futures lifted 0.4%.

In extended deals, Farfetch Limited (NYSE: FTCH ) added 17% after reporting Q1 losses of $0.16 per share, beating expected losses of $0.39 per share, with revenue coming in at $556.4 million versus $515.51M expected.

DXC Technology Co (NYSE: DXC ) dipped 6% after reporting Q4 EPS of $1.02 versus $1.05 expected, while revenue was reported at $3.59 billion versus $3.62B expected.

Flowers Foods (NYSE: FLO ) fell 5% after the company reported Q1 EPS of $0.38, in-line with expectations, while revenue came in at $1.53B versus $1.55B expected.

Ahead in Friday's trade, speeches from Fed Chair Powell and FOMC member Williams and Bowman will be closely watched by investors, while earnings season draws to a close with Deere & Company (NYSE: DE ) and Foot Locker Inc (NYSE: FL ) scheduled to report quarterly results.

During Thursday's regular session, the Dow Jones Industrial Average added 115.1 points or 0.3% to 33,535.9, the S&P 500 lifted 39.3 points or 0.9% to 4,198.1, and the Nasdaq Composite added 188.3 or 1.5% to 12,688.8.

On the bond markets, United States 10-Year rates lifted to 9-week highs of 3.651%.

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