© Reuters.
By Oliver Gray
Investing.com - U.S. stock futures were trading lower during Tuesday's evening trade, after major indices bounces posted a positive session with the Dow lifting from 5-week lows, as investors reacted positively to weakening inflation pressures following the seizure of SVB Financial Group (NASDAQ:SIVB) and Signature Bank (NASDAQ:SBNY).
By 6:45pm ET (11:45pm GMT) Dow Jones Futures and Nasdaq 100 Futures fell 0.2% apiece while S&P 500 Futures dipped 0.1%
In extended deals, Smartsheet (NYSE:SMAR) added 12.2% after the company reported Q4 EPS of $0.07 versus expected losses of $0.01 per share, while revenue came in at $212.3 million versus $206.25 million expected. Smartsheet forecasted Q1 2024 EPS in the range of $0.08-$0.09 versus expected losses of $0.06 per share, while revenue was forecasted at $213-215 million versus consensus of $217 million.
SentinelOne (NYSE:S) added 5.7% after reporting Q4 losses of $0.13 per share versus expected losses of $0.16 per share, while revenue came in at $126.1 million versus $124.69 million expected.
Vacasa Inc (NASDAQ:VCSA) dipped 11.5%, reporting Q4 losses of $0.70 per share versus expected losses of $0.37 per share. Revenue was reported at $218 million versus $206.24 million expected.
Ahead in Wednesday's session, market participants will be looking towards producer price data, retail sales and the NY empire state manufacturing index.
During Tuesday's regular trade, the Dow Jones Industrial Average added 336.3 points or 1.1% to 32,155.4, the S&P 500 lifted 63.5 points or 1.1% to 3,919.3 and the NASDAQ Composite gained 239.3 points or 2.1% to 11,428.2.
On the bond markets, United States 10-Year rates were at 3.685%, while United States 2-Year rates were at 4.246%.
