By Oliver Gray
Investing.com - U.S. stock futures were trading slightly higher during Monday's evening trade after major benchmark averages finished in a mixed fashion as Federal Reserve policymakers scramble to contain a growing financial crisis, moving to seize Signature Bank (NASDAQ:SBNY) ahead of closely watched inflation data set for release on Tuesday.
By 18:45 ET (22:45 GMT) Dow Jones futures and S&P 500 futures added 0.3% apiece, while Nasdaq 100 futures lifted 0.2%.
In extended deals, GitLab Inc (NASDAQ:GTLB) shed 32.5% after reporting Q4 losses of $0.03 per share, better than expected losses of $0.14 per share, while revenue came in at $122.9 million versus $119.59M expected. The company forecasted Q1 2024 losses in the range of $0.15-$0.14 per share versus expected losses of $0.16 per share, while revenue is expected to come in between $117M and 118M versus $126M expected.
Turtle Beach Corp (NASDAQ:HEAR) fell 13.7% after the company reported Q4 EPS of $0.10 versus $0.20 expected on revenues of $100.9M versus $110.45M expected.
Ahead in Tuesday's session, market participants will be monitoring fresh consumer price index data as well as a speech from FOMC member Bowman.
During Monday's regular trade, the Dow Jones Industrial Average fell 90.5 points or 0.3% to 31,819.1, the S&P 500 dipped 5.8 points or 0.2% to 3,855.8, while the Nasdaq Composite bucked the trend, lifting 50 points or 0.5% to 11,188.8.
On the bond markets, United States 10-Year rates were at 3.545%.