U.S. stock futures were trading in a narrow range during Thursday’s evening trades after the Dow posted its 9th consecutive daily rise while the S&P 500 and NASDAQ fell. By 6:38pm ET (10:38pm GMT), the Dow Jones Futures were up 0.1%, while the S&P 500 Futures and Nasdaq 100 Futures were trading flat. CSX Corp. …
U.S. stock futures were trading in a narrow range during Thursday’s evening trades after the Dow posted its 9th consecutive daily rise while the S&P 500 and NASDAQ fell. By 6:38pm ET (10:38pm GMT), the Dow Jones Futures were up 0.1%, while the S&P 500 Futures and Nasdaq 100 Futures were trading flat. CSX Corp. (NASDAQ: CSX) fell 4.8% in extended dealings after the firm posted Q2 EPS of $0.49 versus $0.49 expected on revenues of $3.7 billion versus $3.73 billion expected. Capital One Financial Corporation (NYSE:COF) maintained its level after reporting earnings per share of $3.52 as opposed to the expected $3.29 and revenues of $9 billion as opposed to the anticipated $9.13 billion. Scholastic Corp (NASDAQ:SCHL) increased by 8.6% and reported Q4 EPS of $2.26 versus $1.70 anticipated. Revenue came in at $528.3 million versus $541.76 million expected. Intuitive Surgical (NASDAQ:ISRG) saw a 4.5% decline after reporting Q2 earnings per share of $1.42 versus $1.33 anticipated and revenue of $1.76 billion versus $1.74 billion anticipated. Knight Transportation (NYSE: KNX) saw a 2.7% decline when reporting Q2 EPS of $0.49 instead of the anticipated $0.59. According to FactSet data, 73% of S&P 500 companies that have reported results exceeded analysts’ expectations. The S&P 500 dropped 30.9 points or 0.7% to 4,534.9 during Thursday’s regular session, while the NASDAQ Composite dropped 294.7 points or 2.1% to 14,063.3. The Dow Jones Industrial Average rose 164 points or 0.5% to 35,225.2. On the statistics front, the Philadelphia Fed manufacturing index came in at -13.5 versus -10 expected, while jobless claims came in at 228K versus 242K expected. In addition, sales of existing homes decreased to 4.16 million from 4.2 million anticipated.
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