Dow futures steady, Western Alliance Bancorp falls 3.1% after earnings
Investing.com - U.S. stock futures were trading within a tight range during Tuesday's evening trade, after major benchmark indices posted a positive session, with the Dow Jones notching its longest winning streak since 2021.
By 6:45pm ET (10:45pm GMT) Dow Jones Futures were flat while S&P 500 Futures and Nasdaq 100 Futures fell 0.1% apiece.
In extended deals, Western Alliance Bancorporation (NYSE:WAL) dipped 3.1% after the company posted Q2 EPS of $1.96 versus $1.97 expected on revenues of $669 million versus $658.5 million expected.
Omnicom Group Inc (NYSE:OMC) shed 5.7% after reporting Q2 EPS of $1.81 versus $1.80 expected on revenues of $3.61 billion versus $3.67 billion expected.
Interactive Brokers Group Inc (NASDAQ:IBKR) slid 5% after reporting Q2 EPS of $1.32 versus $1.40 expected, while revenues were reported at $1.06 billion, in-line with expectations.
JB Hunt Transport Services Inc (NASDAQ:JBHT) added 2% after the company reported Q2 EPS of $1.81 versus $1.92 expected on revenues of $3.13 billion versus $3.31 billion expected.
Ahead in Wednesday's trade, market participants will be monitoring monthly building permits and housing starts data.
Among earnings, companies including Tesla Inc (NASDAQ:TSLA), Netflix Inc (NASDAQ:NFLX), Goldman Sachs Group Inc (NYSE:GS), International Business Machines (NYSE:IBM) and U.S. Bancorp (NYSE:USB) are scheduled to report quarterly results.
Get the latest earnings results with InvestingPro.
During Tuesday's regular session, the Dow Jones Industrial Average added 366.6 points or 1.1% to 34,951.9, the S&P 500 gained 32.2 points or 0.7% to 4,555 and the NASDAQ Composite lifted 108.7 points or 0.8% to 14,353.6. All 3 major indices extended 15-month highs.
Major bankers ms Bank of New York Mellon (NYSE:BK) and Bank of America Corp (NYSE:BAC) reported better than expected earnings, while retail sales data came in at 0.2% for June versus 0.5% expected.
On the bond markets, United States 10-Year rates were at 3.792%.
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