stockmarket

Dow futures trade higher, Netflix up 6.9% after earnings




By Oliver Gray 

Investing.com – U.S. stock futures were trading slightly higher during Thursday’s evening trade, with major benchmark averages declining during regular trade as the Fed’s noted the need to keep interest rates higher despite signs of slowing inflation.

By 6:45pm ET (11:45pm GMT) and were up 0.1% apiece, while lifted 0.3%.

In extended deals, Netflix (NASDAQ:) lifted 6.9% after Q4 EPS of $0.12 versus $0.59 expected, while revenues came in at $7.85 billion versus $7.84 billion expected.

Nordstrom, Inc. (NYSE:) fell 5.6% after the company weaker than expected holiday sales and cut its year-end forecast

Ahead in Friday’s session, market participants will be monitoring speeches from and , while earnings results from companies including Schlumberger NV (NYSE:), State Street Corp (NYSE:) and Ally Financial Inc (NYSE:) will be closely watched.

During Thursday’s regular trade, the lost 252.4 points or 0.8% to 33,044.6, the lost 30 points or 0.8% to 3,898.9 and the declined 104.7 points or 1% to 10,852.3.

On the bond markets, rates were at 3.401%.



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