Traders at the New York Stock Exchange on June 29, 2023.
Source: NYSE
Stock futures were little changed Thursday evening after the Dow Jones Industrial Average capped a ninth session of gains.
Futures and dow chemical Up 16 points, trading near flatline. S&P 500 Index Futures little change, and Nasdaq 100 Futures down 0.1%.
shipping inventory CSX and Knight Swift The company fell 4% and 3% in after-hours trading after reporting earnings that disappointed Wall Street analysts.
These are the latest reports of an overall strong earnings season so far, with 73% of S&P 500 companies already beating analysts’ expectations, according to FactSet data.
Intraday trading was choppy after a mixed session on Wall Street.this S&P 500 Index and Nasdaq Composite Index They were down about 0.7% and 2%, respectively.this dow chemical It was the outlier of the three, rising nearly 164 points, or about 0.5%, for a nine-day winning streak, the longest run since 2017 and its highest close since March 2022.
The 30 Dow stocks were boosted in regular trading on Thursday by strong reports from: Johnson & Johnson.but slide in Netflix and tesla The stock’s share price weighed on the other two indexes in the session, a day after the companies reported results.
“The mix of broader indices did reflect the mix of earnings and economic data that was released,” said Greg Bassuk, chief executive of AXS Investments. “We’re seeing more selling pressure based on these earnings results across sectors, with the exception of the Dow components.”
The Dow and S&P 500 are set to gain about 2.1% and 0.7%, respectively, for the week, while the Nasdaq is expected to end Friday’s session down 0.4%.