Dow futures tick lower, Gap lifts 14.7% after earnings

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Dow futures tick lower, Gap lifts 14.7% after earnings
Credit: © Reuters.

Investing.com - U.S. stock futures were trading slightly lower during Thursday's evening deals, after major benchmark averages finished mixed as market participants monitored ongoing debt ceiling negotiations as well upcoming inflation data.

By 7:05pm ET (11:05pm GMT) Dow Jones Futures and S&P 500 Futures were 0.1% lower while Nasdaq 100 Futures traded flat.

Analyze Q1 earnings results with InvestingPro.

In extended deals, Marvell Technology (NASDAQ: MRVL ) popped 17.2% after reporting Q1 EPS of $0.31 versus $0.29 expected on revenues of $1.32 billion versus $1.3 billion expected.

Gap Inc (NYSE: GPS ) lifted 14.7%, reporting Q1 EPS of $0.01 versus expected losses of $0.15 per share. Revenue was reported at $3.28B versus $3.29B expected.

Ulta Beauty (NASDAQ: ULTA ) dipped 8.3% after the company reported Q1 EPS of $6.88 versus $6.82 expected. Revenues came in at $2.6B versus $2.62B expected.

Workday (NASDAQ: WDAY ) lifted 7.9% after the company reported Q1 EPS of $1.31 versus $1.12 expected, while revenues came in at $1.68B versus $1.67B expected.

Ahead in Friday's trade, market participants will be monitoring core durable goods orders , PCE price index data, personal income and spending as well as Michigan consumer sentiment and expectations .

During Thursday's trade, the Dow lost 35.3 points or 0.1% to 32,764.7, the S&P 500 gained 36 points or 0.9% to 4,151.3 and the NASDAQ Composite lifted 213.9 points or 1.7% to 12,698.1.

On the bond markets, United States 10-Year rates were at fresh multi-month highs of 3.825%.

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