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Dow Futures Tick Higher Ahead of CPI Print, DocuSign Reports -Breaking


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Oliver Gray – ticked higher during Thursday’s evening deals after major benchmark averages closed sharply lower ahead of key data set for release later in the session.

At 6:55 PM ET (11:55 GMT), the numbers were 0.1% higher

In extended deals, DocuSign Inc (NASDAQ:) tanked 23.2% after Q1 EPS of $0.38, below expectations of $0.46 on revenue of $588.7 million versus $582.9 million estimated.

Stitch Fix (NASDAQ:) fell 15.3% following Stitch Fix’s weak guidance announcements and layoffs. The company  Q3 losses of $0.72 per share worse than expected losses of $0.55 per share. The revenue came in at $494.9 Million, compared to $493.26 millions expected.

The Runway is available for rent Inc (NASDAQ) was 10.2% more positive after Q1 losses at $0.67 per share compared to $3.75 losses last year. The revenue was $67.1 million, compared to $33.5 million last year.

Vail Resorts Inc After Vail beat expectations for top and bottom results in the fiscal third quarter, (NYSE:), rose 5.5%. Q3 EPS was $9.16 which beat analyst expectations of $9.03 and revenues were $1.18 billion, as opposed to the $1.15 billion anticipated.

Comtech Telecommunications Corp. (NASDAQ) declined 11.4% in Q3 after EPS of $0.06 in line with analysts estimates. However, revenues were $122.1 million, compared to the $122.44 million anticipated.

Ahead in the session, all eyes will be on May’s report, with markets expecting a year over year increase of 8.3%. The session will also release preliminary data for June.

During Thursday’s regular trade, the fell 638.11 points, or 1.94%, to 32,272.79, the declined 2.38% to 4,017.82, and the shed 2.75% to 11,754.23.

Block Inc (NASDAQ) dropped 9.6% and Inc. fell 4.2%. Microsoft Corporation (NASDAQ) suffered 2.1% losses. Meta Platforms Inc. (NASDAQ) saw a 6.4% drop, while Apple Inc. (NASDAQ) experienced a 3.6% decline.

Rates on the bond market were 3.046%