By Oliver Gray
Investing.com – U.S. stock futures were trading in a tight range during Thursday’s evening deals, after major averages posted a negative session amid mixed earnings from Tesla Inc as well as contracting economic data.
By 18:50 ET (22:50 GMT) Dow Jones futures were 0.1% lower, S&P 500 futures remained little changed, and Nasdaq 100 futures were up 0.1%.
In extended deals, CSX Corp (NASDAQ:CSX) added 2.9%, reporting Q1 EPS of $0.48 versus $0.43 expected on revenues of $3.71 billion versus $3.59B expected.
Knight Transportation Inc (NYSE:KNX) fell 0.7% after reporting Q1 EPS of $0.73 versus $0.82 expected on revenues of $1.64B versus $1.62B expected.
Ahead in Friday’s session, investors will be looking toward preliminary manufacturing and services PMIs as well as a speech from Federal Reserve governor Cook.
On the earnings front, companies including Procter & Gamble Company (NYSE:PG), Schlumberger NV (NYSE:SLB), Woodside Energy Ltd (NYSE:WDS), and HCA Holdings Inc (NYSE:HCA) are set to report quarterly results.
During Thursday’s regular trade, the Dow Jones Industrial Average fell 110.4 points or 0.3% to 33,786.6, the S&P 500 lost 24.7 points or 0.6% to 4,129.8, and the Nasdaq Composite lost 97.7 points or 0.8% to 12,059.6.
Tesla Inc (NASDAQ:TSLA) tanked 9.8% following disappointing earnings results, while investors remained cautious on the economic outlook as existing home sales data and the Philadelphia Fed manufacturing index came in below expectations.
On the bond markets, United States 10-Year rates were at 3.536%.