Futures tied to the Dow Jones Industrial Average hovered near a flat line Wednesday evening after the 30-stock index posted its sixth straight day.
Dow Jones futures He added 6 points or 0.02%. Standard & Poor's 500 futures hovering near the flat line, while Nasdaq 100 futures Decreased by 0.1%.
In extended circulation, Airbnb It fell more than 8% after weak guidance overshadowed the first quarter beat on the top and bottom lines. Retail trading platform Robin Hood It rose 3% after the company beat first-quarter estimates for earnings and revenue.
During regular trading on Wednesday, the S&P 500 fell slightly to close near the flat line, while the S&P 500 fell slightly Nasdaq Composite Declining by about 0.2%, a list of declining technology stocks affected indices, including… Uber And ShopifyBoth recently announced quarterly results. The 30-stock Dow Jones index beat the major averages, adding more than 170 points.
“Maybe we'll just get back some of the enthusiasm we had at the beginning of the year,” Josh Brown, CEO of Ritholtz Wealth Management, said on “Closing Bell.”
“April was the worst month we've had in a long time, and I think that was actually a precursor to some of the reaction we're getting now after the earnings reports,” he said.
Investors will then turn their attention towards the quarterly results from Discover Warner Bros And Akamai Technologies Thursday.
On the economic data front, weekly unemployment claims are scheduled to be released Thursday morning.