Dow futures tick higher after negative session, Workday lifts 3.2% post-earnings

This post was originally published on this site

By 6:45pm ET (10:45pm GMT) Dow Jones Futures and S&P 500 Futures were up 0.1% apiece while Nasdaq 100 Futures were flat.

In extended deals, Workday (NASDAQ:WDAY) added 3.2%, reporting Q2 EPS of $1.43, $0.17 better than the analyst estimate of $1.26. Revenues were reported at $1.79 billion versus $1.77 billion expected.

Nordstrom (NYSE:JWN) fell 2.5% after the company reported Q2 EPS of $0.81, beating expectations of $0.45, while revenues came in at $3.62 billion versus $3.68 billion expected.

Intuit (NASDAQ:INTU) eased 2%, after reporting Q4 EPS of $1.65 versus $1.43 expected on revenues of $2.7 billion versus $2.64 billion expected.

Affirm Holdings Inc (NASDAQ:AFRM) lifted 7.4% after reporting Q4 losses of $0.69 per share versus expected losses of $0.87 per share. Quarterly revenues were reported at $446 million versus $406.13 million expected.

Gap Inc (NYSE:GPS) was trading 1.4% higher after the company reported Q2 EPS of $0.34 versus $0.10 expected, while revenues came in at $3.55 billion versus $3.58 billion expected.

Ahead in Friday’s trade, market participants will be monitoring Michigan consumer sentiment and expectations, as well as Powell’s key speech at Jackson Hole.

Among earnings, companies including Dell Technologies Inc (NYSE:DELL), Ubiquiti Networks Inc (NYSE:UI), Elastic NV (NYSE:ESTC) and Hibbett Sports Inc (NASDAQ:HIBB) are expected to release quarterly results.

During Thursday’s regular session, the Dow Jones Industrial Average lost 373.6 points or 1.1% to 34,099.4, the S&P 500 fell 59.7 points or 1.4% to 4,376.3 and the NASDAQ Composite lost 257.1 points or 1.9% to 13,464.

On the bond markets, United States 10-Year rates were at 4.243%.