Stock Groups

Dow Futures Tick Lower After Positive Session -Breaking

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© Reuters.

Oliver Gray 

Investing.com – U.S. stock futures were trading slightly lower during Monday’s evening deals after major benchmark averages ticked higher during regular trade as market participants look ahead to key inflation data set to be released later in the week.

Each traded 0.1% less at 6:35pm ET (10.35pm GMT).

For extended deals Gitlab Inc (NASDAQ) surged 10% after Q1 losses at $0.18 per share. This beats the $0.27 loss estimate. Revenue was $87.4 Million, which is higher than the $78.2million anticipated.

Healthequity Inc The stock index (NASDAQ:) rose 3% following Q1 earnings of $0.27 by the company, which was just below analyst expectations of $0.26. Revenue came in at $205.7 Million, compared to $203.8million expected.

Helbiz Inc (NASDAQ 🙂 gained 40% following the announcement by Salvatore Palella that he, founder and chief executive officer of Helbiz had purchased 2,044,676 Class A Common Stock shares from a seller at an aggregate of $2,019.935, or about 6%, of its common stock.

JM Smucker Company (NYSE): Investors are in for a light week of corporate earnings. United Natural Foods Inc (NYSE:) and Cracker Barrel Old Country Store (NASDAQ:) slated to report results before the bell on Tuesday, while May’s reading on Friday will also be closely monitored for signs that inflation has peaked from its 41-year high.

During Monday’s regular trade, The added 16.08 points, or less than 0.1%, the gained 0.3% while the tech-heavy added 0.4%.

The bond market yields were at 3.04%, which was a new high for the sector.

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