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Stock futures are little changed as investors weigh earnings, Fed and geopolitics

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Traders are seen working on the New York Stock Exchange’s floor (NYSE) in New York City on February 16, 2022.

Spencer Platt | Getty Images

In overnight trading, stock futures were not affected by developments in Russia and Ukraine conflict. Investors are currently digesting corporate earnings reports, Federal Reserve updates, and news about the Stock Futures.

The Dow Jones Industrial Average futures were almost flat. S&P 500 futures and Nasdaq 100 futures were also less than 0.1% changed.

After Wednesday’s bell, a number of companies released quarterly results. DoorDash rose more than 25% in the hours following. Extended trading saw Cisco and Applied Materials add around 3%.

The S&P 500 in Wednesday’s regular trading session closed little changed, while the Dow shed nearly 55 points and the Nasdaq Composite dipped 0.1%.

After Wednesday’s release of, major stock averages rose from their lowest levels to recover. minutes from the Fed’s January meeting.

According to investors’ expectations, the minutes indicated that Fed was ready to raise interest rates and shrink its balance sheet quickly.

Michael Schumacher, Wells Fargo’s director of rates said that marketwise the event is not as significant. This tells us very little regarding Fed policy, I think.

Market sentiment was affected by the ongoing tensions at Russia’s Ukraine border.

NATO representatives on Wednesday accused Russia of increasing troop numbersThe Ukrainian border. Over the weekend, Russian and American aircraft flew in close proximity to one another over the Mediterranean Sea. The Wall Street Journal reported Wednesday

Investors await quarterly reports from Walmart, Autonation, Nestle, and Autonation on Thursday.

On Thursday, the weekly unemployment figures for January will also be made public.

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