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Investing.com – U.S. stock futures were trading in a tight range during Thursday’s evening deals, after benchmark indices posted the second session of gains as rising jobless claims data boosted bets of a Fed rate slowdown.
By 6:30pm ET (10:30pm GMT) Dow Jones Futures and Nasdaq 100 Futures ticked 0.1% lower while S&P 500 Futures traded flat.
In extended deals, Virgin Orbit Holdings Inc (NASDAQ:VORB) tanked 41.2% after the company announced a workforce reduction of 85% of the company’s workforce in order to reduce expenses.
Y mAbs Therapeutics (NASDAQ:YMAB) added 13.7%, reporting Q4 EPS of $0.03, beating expected losses of $0.44 per share, while revenue came in at $31.5 million versus $20.35 million expected.
Rumble Inc (NASDAQ:RUM) added 18.4% after reporting Q4 EPS of $0.00 versus expected losses of $0.01 per share on revenues of $20 million versus $10.18 million expected.
Ahead in Friday’s session, market participants will be closely watching the release of the Core PCE Price Index, Chicago PMI, Michigan consumer sentiment and expectations as well as a speeches from FOMC member Williams and Fed governor Cook.
During Thursday’s regular trade, the Dow Jones Industrial Average added 141.4 or 0.4% to 32,859, the S&P 500 added 23 points or 0.6% to 4,050.8 and the NASDAQ Composite added 87.2 points or 0.7% to 12,013.5.
On the bond markets, United States 10-Year rates were at 3.547%.
