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Dow futures steady, key retail sales report ahead

Published 08/15/2023, 07:10 AM
© Reuters.

Investing.com - U.S. stock futures were little changed during Monday's evening deals, following a positive session among major benchmark averages, with major tech companies NVIDIA Corporation (NASDAQ:NVDA), Microsoft Corporation (NASDAQ:MSFT), and Alphabet (NASDAQ:GOOGL) posting significant gains as investors bought the dip following last week's slump.

By 6:55 PM ET (10:55 PM GMT), Dow Jones Futures were up 0.1%, S&P 500 Futures added 0.2% and Nasdaq 100 Futures were up 0.3%.

In extended deals, Getty Images Holdings Inc (NYSE:GETY) shed 14% after the company reported Q2 losses of $0.01 per share versus expected earnings of $0.04 per share, while revenue came in at $225.7 million versus $236.26 million expected.

Discover Financial Services (NYSE:DFS) dipped 4.5% after announcing that the Chief Executive Officer and President Roger Hochschild will step down, serving as an advisory to the company until the end of the year.

Ahead in Tuesday's trade, investors will be monitoring retail sales and business inventories data as well as import and export price indexes.

Among earnings, companies including Home Depot Inc (NYSE:HD), JD.com Inc Adr (NASDAQ:JD), Suncor Energy Inc (NYSE:SU), Alcon AG (NYSE:ALC) and Agilent Technologies Inc (NYSE:A) are expected to release quarterly results.

During Monday's regular session, the Dow Jones Industrial Average added 26.2 points or 0.1% to 35,307.6, the S&P 500 added 25.7 points or 0.6% to 4,489.7 and the NASDAQ Composite lifted 143.5 points or 1.1% to 13,788.3.

On the bond markets, United States 10-Year rates were at 9-month highs of 4.201%.

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