Dow futures lower, AMD lifts 3.3% after earnings By Investing.com



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Investing.com – U.S. stock futures were trading lower during Tuesday’s evening deals, after a mixed session among major benchmark averages as market participants digested a deluge of quarterly earnings results, while credit agency Fitch downgraded the U.S.’s long-term ratings, citing “expected fiscal deterioration over the next three years.”

By 6:50pm ET (10:50pm GMT) were down 0.2%, fell 0.3% and lost 0.4%.

In extended deals, Advanced Micro Devices, Inc. (NASDAQ:) added 3.3% after Q2 EPS of $0.58 versus $0.57 expected on revenues of $5.4 billion versus $5.32 billion expected.

Match Group (NASDAQ:NASDAQ:) surged 9.8% after the company Q2 EPS of $0.48 versus $0.44, while revenues were reported at $830 million versus $811.36 million expected.

Aspen Technology Inc (NASDAQ:) also popped 5.1%, Q4 EPS of $2.13 versus $2.28 expected, while revenue came in at $320.6 million versus $326.56 million expected.

Alight Inc (NYSE:) dipped 6.8% after the company Q2 losses of $0.14 per share versus expected losses of $0.12 per share. Revenue came in at $806 million versus $800.79 million expected.

Get the latest earnings results with InvestingPro.

Ahead in Wednesday’s trade, market participants will be watching for data as well as earnings results from companies including Qualcomm Incorporated (NASDAQ:), CVS Health Corp (NYSE:) and PayPal Holdings Inc (NASDAQ:).

During Tuesday’s regular session, the added 71.2 points or 0.2% to 35,630.7, the dipped 12.3 points or 0.3% to 4,576.7 and the lost 62.1 points or 0.4% to 14,283.9.

On the data front, the came in at 46.4 versus 46.8 expected, while were at 9.582 million versus 9.61 million expected.

On the bond markets, rates were at 4.016%.



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