Dow Futures Little Changed Ahead of Key Inflation Data By Investing.com


© Reuters

By Oliver Gray 

Investing.com – U.S. stock futures were little changed during Tuesday’s evening deals after major benchmark averages finished the regular session lower amid volatile conditions as investors look ahead to key inflation data later in the session.

by 6:45pm ET (10:45pm GMT) , and were trading flat.

In extended deals, Coinbase Global Inc (NASDAQ:) shed 16.6% after results. The company reported Q1 losses of $1.98 per share, $2.03 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $1.17 billion versus $1.5 billion expected.

Unity Software Inc (NYSE:) tanked 27.3% after losses per share of 8 cents versus 9 cents expected, while revenue came in at $320.1 million versus $321.35 million expected.

Roblox Corp (NYSE:) moved 3.8% lower after , with Q1 losses of 27 cents per share versus analyst estimates of 20 cents, while revenues came in at $537.1 million versus $657.4 million expected.

Electronic Arts Inc (NASDAQ:) gained 2.4% after as Q4 EPS came in at 80 cents versus $1.44 expected while quarterly revenue came in at $1.75 billion versus $1.77 billion expected.

Inovio Pharmaceuticals Inc (NASDAQ:) dropped 19.7% as the company reported Q1 losses of 36 cents per share, $0.02 worse than estimates of 34 cents. Revenue for the quarter came in at $199 thousand versus $670 thousand expected.

Market participants will be closely focused on the release of April’s Wednesday morning after last month’s reading came in at 8.5%, the highest levels since December 1981. Economists are expecting a slightly cooler reading of 8.1% in April.

Investors are also looking to earnings reports from companies including Toyota Motor Corporation (NYSE:), Walt Disney Company (NYSE:) and Beyond Meat Inc (NASDAQ:).

During Tuesday’s regular trade, the dipped 84.96 points to 32,160.74, or 0.26%. The inched 0.25% higher to 4,001.05, and the gained 0.98% to close at 11,737.67.

On the bond markets, yields eased to 2.989%.

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