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HomeInvestmentDow futures lower, AMD lifts 3.3% after earnings By Investing.com

Dow futures lower, AMD lifts 3.3% after earnings By Investing.com


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Investing.com – U.S. stock futures were trading lower during Tuesday’s evening deals, after a mixed session among major benchmark averages as market participants digested a deluge of quarterly earnings results, while credit agency Fitch downgraded the U.S.’s long-term ratings, citing “expected fiscal deterioration over the next three years.”

By 6:50pm ET (10:50pm GMT) were down 0.2%, fell 0.3% and lost 0.4%.

In extended deals, Advanced Micro Devices, Inc. (NASDAQ:) added 3.3% after Q2 EPS of $0.58 versus $0.57 expected on revenues of $5.4 billion versus $5.32 billion expected.

Match Group (NASDAQ:NASDAQ:) surged 9.8% after the company Q2 EPS of $0.48 versus $0.44, while revenues were reported at $830 million versus $811.36 million expected.

Aspen Technology Inc (NASDAQ:) also popped 5.1%, Q4 EPS of $2.13 versus $2.28 expected, while revenue came in at $320.6 million versus $326.56 million expected.

Alight Inc (NYSE:) dipped 6.8% after the company Q2 losses of $0.14 per share versus expected losses of $0.12 per share. Revenue came in at $806 million versus $800.79 million expected.

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Ahead in Wednesday’s trade, market participants will be watching for data as well as earnings results from companies including Qualcomm Incorporated (NASDAQ:), CVS Health Corp (NYSE:) and PayPal Holdings Inc (NASDAQ:).

During Tuesday’s regular session, the added 71.2 points or 0.2% to 35,630.7, the dipped 12.3 points or 0.3% to 4,576.7 and the lost 62.1 points or 0.4% to 14,283.9.

On the data front, the came in at 46.4 versus 46.8 expected, while were at 9.582 million versus 9.61 million expected.

On the bond markets, rates were at 4.016%.



This story originally appeared on Investing

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