Dow futures steady, Ross Stores up 5.5% after earnings

Investing.com – U.S. stock futures remained little changed during Thursday’s evening trade after major benchmark indices extended declines for the third consecutive session as higher bond yields soured risk sentiment.

By 7:30pm ET (11:30pm GMT) were flat, were 0.1% lower and dipped 0.2%.

In extended deals, Ross Stores (NASDAQ:) added 5.5% after Q2 EPS of $1.32 versus $1.16 expected, while revenues came in at $4.93 billion versus $4.74 billion expected. The company also forecasted Q3 2024 EPS in the range of $1.16-$1.21 versus expectations of $1.16

Bill.com Holdings Inc (NYSE:) lost 3.9%, Q4 EPS of $0.59 versus $0.41 expected, while revenue was reported at $296 million versus $282.15 million expected.

Keysight Technologies (NYSE:) dipped 8.2% after the company Q3 EPS of $2.19 versus $2.04 on revenues of $1.38 billion versus $1.38 billion expected.

Farfetch Limited (NYSE:) tanked 35.9%, Q2 losses of $0.21 per share versus expected losses of $0.28 per share. Revenue was reported at $579.35 million $648.27 million expected.

Ahead in Friday’s trade, quarterly earnings results from Palo Alto Networks Inc (NASDAQ:), Deere & Company (NYSE:) and Estee Lauder Companies Inc (NYSE:) will be closely monitored by market participants.

During the regular session Thursday, the fell 290.91 points or 0.8% to 34,474.8, the lost 34 points or 0.8% to 4,370.4 and the dipped 157.7 points or 1.2% to 13,316.9.

Among data releases, came in at 239K versus 240K expected while the bounced back to 12 following last month’s reading of -13.5.

On the bond markets, the yield was at 4.276%, its highest level since October 2022.