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Investing.com – U.S. stock futures were trading slightly higher during Wednesday’s evening deals, following a strong rally among major benchmark average during regular trade as highly anticipated inflation data eased slightly from 41-year highs.
By 7:00pm ET (11:00pm GMT) Dow Jones Futures were little changed while S&P 500 Futures and Nasdaq 100 Futures dipped 0.2% apiece.
In extended deals, Walt Disney (NYSE:DIS) added 6.8% after reporting Q3 EPS of $1.09 versus $0.98 expected on revenue of $21.5 billion versus $20.99 billion expected.
Sonos (NASDAQ:SONO) fell 19% after reporting Q3 EPS of $0.19, beating estimates of $0.06 while revenue came in at $371.8 million versus $424.03 million expected.
Bumble Inc (NASDAQ:BMBL) dipped 11.6% after the company reported Q2 losses of $0.03 per share, worse than expected losses of $0.01 per share. Revenue came in at $220.45 million versus $219.55 million.
Vacasa Inc (NASDAQ:VCSA) lifted 29.6% after reporting Q2 EPS of $0.02, better than expected losses of $0.18, while revenue came in at $310.35 million versus $285.46 million expected.
Matterport Inc (NASDAQ:MTTR) gained 16.8%, reporting Q2 losses of $0.12,slightly beating expected losses of $0.14. Revenue came in at $28.48 million versus $29.6 million expected.
Applovin Corp (NASDAQ:APP) fell 9.3% after reporting Q2 losses of $0.06, below expected EPS of $0.15. Revenue came in at $776.23 million versus $839.67 million expected.
Ahead in Thursday’s session, investors will be tracking initial jobless claims data as well as July’s producer price index print. Earnings from companies such as Rivian Automotive Inc (NASDAQ:RIVN), Warby Parker Inc (NYSE:WRBY) and Poshmark Inc (NASDAQ:POSH) will also be closely monitored.
During Wednesday’s regular session the Dow Jones Industrial Average jumping 535.1 points or 1.6% to 33,309.5, the S&P 500 added 2.1% to 4,210.2 and the NASDAQ Composite gained 2.9% to 12,854.8.
On the data front, the headline consumer price index for July came in at 8.5%, below 8.7% expected and cooling from 41-year highs, sparking speculation of less aggressive rate hikes at the U.S. Federal Reserve’s next meeting.
On the bond markets, United States 10-Year rates were at 2.785%.
