Dow futures lift, Salesforce adds 5.7% after earnings By Investing.com


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Investing.com – U.S. stock futures were trading in a tight range on Wednesday night, following gains among benchmark averages as weaker and preliminary figures boosted bets of a pause in interest rate hikes from U.S. Federal Reserve policymakers.

By 6:40pm ET (10:40pm GMT) was up by 0.2%, was flat and lifted 0.1%.

In extended deals, Salesforce (NYSE:) added 5.7%, Q2 EPS of $2.12 versus $1.90 expected on revenues of $8.6 billion versus $8.53 billion expected. The company forecasted Q3 2024 EPS in the range of $2.05-$2.06 versus $1.83 expected, with revenues predicted in the range of $8.7-8.72 billion versus $8.66 billion expected.

Okta, Inc. (NASDAQ:) popped 9.2% after the company Q2 EPS of $0.31 versus $0.22 expected, with revenue reported at $556 million versus $534.67 million expected.

Victoria’s Secret & Co (NYSE:) fell 3%, Q2 EPS of $0.24 versus $0.27 expected on revenues of $1.43 billion versus $1.44 billion expected.

Five Below (NASDAQ:) fell 7.4%, Q2 EPS of $0.84 versus $0.83 expected, while revenues came in at $759 million versus $759.7 million expected.

Ahead in Thursday’s session, market participants will be looking towards index, personal and , and as well as a speech from the .

Among earnings, Broadcom Inc (NASDAQ:), UBS Group AG (NYSE:), VMware Inc (NYSE:), Dell Technologies Inc (NYSE:), Lululemon Athletica Inc (NASDAQ:) and Dollar General Corporation (NYSE:) are among companies set to release quarterly results.

During Wednesday’s regular trade, the added 37.6 points or 0.1% to 34,890.3, the gained 17.2 points or 0.4% to 4,514.9 and the lifted 75.6 points or 0.5% to 14,019.3.

On the bond markets, rates were at 4.11%.

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