Dow futures little changed, Cadence Design Systems falls 3.9% after earnings

Investing.com – U.S. stock futures were trading steady during Monday’s evening deals, following a positive session among major benchmark averages as market participants braced for further earnings from major companies throughout the week.

By 7:10pm ET (11:10pm GMT) , and were trading within a range of 0.1%.

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In extended deals, Cadence Design Systems (NASDAQ:) dipped 3.9%, Q2 EPS of $1.22 versus $1.18 expected, while revenues were reported at $976.58M versus $975.99 million expected. The company forecasted FY2023 EPS in the range of $5.05-$5.11 versus $5.03 expected and revenues in the range of $4.05-4.09 billion versus the $4.06 billion expected.

F5 Networks (NASDAQ:) lifted 8.7% after the company Q3 EPS of $3.21 versus $2.86 expected on revenues of $703 million versus $698.81 million expected.

NXP Semiconductors (NASDAQ:) added 1.7% after the company Q2 EPS of $3.43 versus $3.28 expected, while revenue came in at $3.3 billion versus $3.21 billion expected.

Ahead in Tuesday’s trade, investors will be closely monitoring fresh and data as well as quarterly earnings results from companies including Microsoft Corporation (NASDAQ:), Alphabet (NASDAQ:) Inc Class C (NASDAQ:), Visa Inc Class A (NYSE:), Texas Instruments Incorporated (NASDAQ:), Verizon Communications Inc (NYSE:), General Electric Company (NYSE:) and UBS Group AG (NYSE:).

Also in focus is the on Wednesday, amid expectations of a further .

During Monday’s regular session, the added 183.6 points or 0.5% to 35,411.3, the added 18.3 points or 0.4% to 4,554.7 and the lifted 26.1 points or 0.2% to 14,058.9.

On the bond martkets, rates were at 3.878%