Dow futures tick lower, Netflix down 0.4% after earnings

By Oliver Gray

Investing.com – U.S. stock futures were trading lower during Tuesday’s evening deals following a mixed session among major benchmark averages as market participants weighed earnings results from major companies including Goldman Sachs Group Inc (NYSE:) and Bank of America Corp (NYSE:).

By 6:55pm ET (10:55pm GMT) , and were down 0.1% apiece.

In extended deals, Netflix (NASDAQ:) fell 0.4% after the company Q1 EPS of $2.88 versus $2.86 expected on revenues of $8.16 billion versus $8.17 expected.

Interactive Brokers (NASDAQ:) fell 3.7%, Q1 EPS of $1.35 versus $1.40 expected on revenues of $1.06 billion versus $1.03 billion expected.

Metropolitan Bank Holding (NYSE:) popped 14.2% after the company Q1 EPS of $2.25 versus $1.94 expected, while revenue came in at $65.5 million versus $66.65 million expected.

Western Alliance Bancorporation (NYSE:) added 15% after Q1 EPS of $2.30 versus $1.97 expected, with revenue coming in at $551.9 million versus $675.91 expected.

Ahead in Wednesday’s trade, market participants will be monitoring the Fed’s as well as a speech from the FOMC’s .

Among reporting companies, Tesla Inc (NASDAQ:), L’Oreal Co ADR (OTC:), Morgan Stanley (NYSE:), Rio Tinto ADR (NYSE:), International Business Machines (NYSE:), U.S. Bancorp (NYSE:) and KeyCorp (NYSE:) are slated to release quarterly results throughout the session.

During Tuesday’s regular trade, the and the finished little changed, down 10.6 and 4.3 points respectively, while the added 3.6 points or 0.1% to 4,154.93

On the data front, preliminary and data both fell from the previous month’s reading, while FOMC member noted that financial conditions appear to have calmed following the collapse of SVB Financial Group (OTC:) and Signature Bank (OTC:) last month. Bowman also played down the need for a digital U.S. dollar, noting privacy risks and potential damage to the banking system.

On the bond markets, rates were at 3.578%.