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Dow futures ease, United Airlines moves 4.7% lower after-hours

Published 10/18/2023, 06:38 AM
© Reuters

Investing.com - US stock futures were trading slightly lower during Tuesday's evening deals, as the quarterly earnings season gained steam, with investors also closely monitoring updates from the escalating Israel - Hamas war.

By 6:30pm ET (10:30pm GMT) Dow Jones Futures, S&P 500 Futures and Nasdaq 100 Futures eased 0.1% apiece.

In extended deals, United Airlines Holdings Inc (NASDAQ:UAL) fell 4.7% after the company reported Q3 EPS of $3.65 versus $3.41 expected, while revenues came in at $14.48 billion versus $14.43 billion expected.

JB Hunt Transport Services Inc (NASDAQ:JBHT) dipped 3.6%, reporting Q3 EPS of $1.80 versus $1.85 expected. Revenue was reported at $3.16 billion versus $3.18 billion expected.

Get the latest updates this earnings season with InvestingPro.

Ahead in Wednesday's deals, market participants will be looking towards building permits, housing starts, as well as speeches from Waller, Williams, Bowman, Harker and Cook.

Among earnings, companies including Tesla Inc (NASDAQ:TSLA), Procter & Gamble Company (NYSE:PG), Abbott Laboratories (NYSE:ABT), Netflix Inc (NASDAQ:NFLX), Morgan Stanley (NYSE:MS), and U.S. Bancorp (NYSE:USB) are scheduled to report quarterly results.

During Tuesday's regular trade, the Dow Jones Industrial Average and S&P 500 finished little changed at 33,997.7 and 4,373.2 respectively, while the NASDAQ Composite dipped 34.2 points or 0.3% to 13,533.8.

On the bond markets, United States 10-Year rates were near fresh 16-year highs at 4.838%.

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