By Oliver Gray
Investing.com - U.S. stock futures were trading flat during Tuesday’s evening deals, after major benchmark averages extended declines during regular hours as prospects of higher interest rates and weakening economic data sapped risk appetite.
By 18:30 ET (23:30 GMT) Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures were each trading within a range of 0.1%.
In extended deals, MongoDB (NASDAQ:MDB) popped 26.3% after reporting Q2 EPS of $0.23 versus expected losses of $0.17, while revenues came in at $333.6 million versus $305.09M.
Smith & Wesson Brands Inc (NASDAQ:SWBI) fell 8.9% after the company reported Q2 EPS of $0.26, below $0.44 expected while revenue came in at $121M versus $159.93M expected.
Casey's General Stores (NASDAQ:CASY) added 2.2%, reporting Q2 EPS of $3.67 versus $2.93 expected, while revenue came in at $3.98 billion versus $4.06 billion expected.
Ahead in Wednesday’s session, investors will be looking toward MBA mortgage applications as well as preliminary nonfarm productivity and unit labor cost readings.
On the earnings front, results from companies including Campbell Soup Company (NYSE:CPB) and GameStop Corp (NYSE:GME) will be closely monitored.
In Tuesday’s regular trade, the Dow Jones Industrial Average fell lost 350.8 points or 1% to 33,596.4, the S&P 500 dipped 57.6 points or 1.4% to 3,941.3, and the NASDAQ Composite 225.1 points or 2% to 11,014.9.
On the bond markets United States 10-Year rates were at 3.531%.