By Oliver Gray
Investing.com – U.S. stock futures were trading slightly higher during Monday’s evening deals, after major benchmark indices finished the regular session lower as investors brace for further corporate earnings results as well as an expected interest rate increase from U.S. Federal Reserve policymakers later in the week.
By 7:00 pm ET (11:00pm GMT) were trading flat, ticked up 0.1% and lifted 0.2%.
In extended deals, Avis Budget Group (NASDAQ:) added 3.2% after the company Q3 EPS of $21.70, beating estimates of $14.48, while revenues came in at $3.5 billion versus $3.29 billion expected.
Arista Networks (NYSE:) fell 0.2% after the company Q3 EPS of $1.25 versus $1.04 expected while revenue was reported at $1.17 billion versus $1.06 billion expected.
Goodyear Tire & Rubber Co (NASDAQ:) dropped 9.6% after Q3 EPS of $0.40 versus $0.60 expected while revenue came in at $5.31 billion versus $5.42 billion expected.
Hologic (NASDAQ:) lifted 6.7% after Q4 EPS of $0.82 versus $0.63 expected while revenue was reported at $953.3 million versus $864.85 million.
Stryker (NYSE:) fell 5.1% after Q3 EPS of $2.12 versus $2.23 expected on revenues of $4.5 billion versus $4.47 billion expected.
Ahead in the session, thee U.S. Federal Reserve is set to begin its two-day policy meeting and , with expectations of a further 75 basis point increase in interest rates, while , and data will also be closely monitored.
On the earnings front, major companies including Advanced Micro Devices Inc (NASDAQ:), Uber Technologies Inc (NYSE:), Fox Corp (NASDAQ:), Pfizer Inc (ETR:) and Airbnb Inc (NASDAQ:) are set to report results.
During Monday’s session, the fell 128.9 points or 0.4% to 32,733, the fell 29.1 points or 0.8% to 3,872 and the lost 114.3 points or 1% to 10,988.2.
On the bond markets, rates were at 4.05%.
Story Credit: investing.com