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Dow futures trade higher as Apple, Amazon report

Published 08/04/2023, 07:40 AM
© Reuters.

Investing.com - U.S. stock futures were trading little changed on Thursday night amid high-profile earnings reports from Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN), while market participants look ahead to key nonfarm payrolls data set to be released early on Friday.

By 19:20 ET (23:20 GMT), Dow Jones futures were up 0.1%, S&P 500 futures added 0.2%, and Nasdaq 100 futures lifted 0.3%.

in extended deals, Apple (NASDAQ:AAPL) slid 3%, reporting Q3 EPS of $1.26 versus $1.19 expected, while revenues came in at $81.8 billion versus $81.73B expected.

Amazon (NASDAQ:AMZN) surged 9.1% after the company reported Q2 EPS of $0.65 versus $0.35 expected on revenues of $134.4B versus $131.45B expected. Amazon forecasted Q3 2023 revenue in the range of $138B-$143B versus $138.25B expected.

Atlassian (NASDAQ:TEAM) popped 23.5% after reporting Q4 EPS of $0.57 versus $0.36 expected, while revenue for the quarter came in at $939 million versus $920.4M expected.

Booking (NASDAQ:BKNG) also lifted 11.8%, reporting Q2 EPS of $37.62 versus $28.87 expected on revenues of $5.46B versus $5.16B expected.

Get the latest earnings results with InvestingPro.

Ahead in the session, investors will be closely monitoring fresh nonfarm payrolls, average hourly earnings, and unemployment rate data.

During Thursday's regular trade, the Dow lost 66.6 points or 0.2% to 35,215.9, the S&P 500 dipped 11.5 points or 0.3% to 4,501.9, and the Nasdaq Composite fell 13.7 points or 0.1% to 13,959.7.

On the bond markets, United States 10-Year rates shot up to 9-month highs of 4.179%.

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