Dow futures slip, Meta falls 2.8% after earnings

Investing.com – US stock futures were trading lower during Wednesday’s evening deals, as major US indices continued to sell off throughout the regular session amid a slew of corporate earnings results.

By 6:30 pm ET (10:30 pm GMT) lost 0.1%, dipped 0.4% and fell 0.8%.

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In extended deals, Meta Platforms (NASDAQ:) lost 2.8% after the company Q3 EPS of $4.39 versus $3.64 expected. Revenues were reported at $34.15 billion versus $33.57 billion expected. Meta Platforms also forecasted Q4 2023 revenue in the range of $36.5-40 billion versus $36.64 billion expected.

IBM (NYSE:) gained 1.6%, Q3 EPS of $2.20 versus $2.13 expected, with revenue coming in at $14.75 billion versus $14.75 billion expected.

Align Technology (NASDAQ:) shed 23%, Q3 EPS of $2.14 versus $2.27 expected, while revenues for came in at $960.2 million versus $998.68 million expected.

Ahead in Thursday’s trade, investors will be closely monitoring , preliminary and prices, , and a speech from the Fed’s .

Among earnings, companies including Amazon.com Inc (NASDAQ:), International Business Machines (NYSE:), Intel Corporation (NASDAQ:), Merck & Company Inc (NYSE:) and Ford Motor Company (NYSE:) are scheduled to report quarterly results.

During Wednesday’s regular session, the lost 105.5 points or 0.3% to 33,035.9, the dipped 60.9 points or 1.4% to 4,186.8 and the dipped 318.7 points or 2.4% to 12,821.2.

On the bond markets, rates were steady at 4.961%.