Stock Groups

Dow Futures Little Changed Ahead of Key Inflation Data -Breaking

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© Reuters

Oliver Gray 

Investing.com – U.S. stock futures were little changed during Tuesday’s evening deals after major benchmark averages finished the regular session lower amid volatile conditions as investors look ahead to key inflation data later in the session.

Trading was steady at flat between 6:45pm ET and 10:45pm GMT

For extended deals Coinbase Global Inc (NASDAQ:) shed 16.6% after results. Quarterly losses were $1.98 per share for the company, which was $2.03 more than analysts’ estimate of $0.05. Quarterly revenue came to $1.17 billion, which was $1.5 billion more than expected.

Unity Software Inc The stock market fell 27.3% following losses per share at 8 cents, compared to 9 cents. Revenue was $320.1 Million versus the $321.35M expected.

Roblox Corp (NYSE:) moved 3.8% lower after , with Q1 losses of 27 cents per share versus analyst estimates of 20 cents, while revenues came in at $537.1 million versus $657.4 million expected.

Electronic Arts Inc The stock rose 2.4% to NASDAQ after Q4’s EPS was at 80 cents (versus $1.44) and quarterly revenue at $1.75billion, against $1.77 billion.

Inovio Pharmaceuticals Inc The stock dropped 19.7% after the company posted Q1 losses at 36 cents per share. This is $0.02 less than expected. Quarterly revenue came in at $199 000, which was lower than the $670000 expected.

Market participants will be closely focused on the release of April’s Wednesday morning after last month’s reading came in at 8.5%, the highest levels since December 1981. Economists expect a reading of 8.1% for April.

Also, investors are interested in earnings reports of companies such as Toyota Walther Corporation (NYSE:) Disney Company (NYSE 🙂 Beyond Meat Inc (NASDAQ:).

During Tuesday’s regular trade, the dipped 84.96 points to 32,160.74, or 0.26%. Closed at 11,737.67, the index was 0.25 percent higher at 4,001.05 and gained 0.98%.

Yields in the bond markets fell to 2.989%.

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