© Reuters.
By Oliver Gray
Investing.com - U.S stock futures were trading lower during Monday's evening deals, following a negative session among benchmark averages as market participants reacted to the JPMorgan Chase & Co (NYSE:JPM) takeover of troubled First Republic Bank (NYSE:FRC) ahead of this week's Federal Reserve interest rate decision and continuing quarterly earnings results.
By 7:00pm ET (11:00pm GMT) Dow Jones Futures and Nasdaq 100 Futures were 0.1% lower while S&P 500 Futures fell 0.2%.
in extended deals, Chegg Inc (NYSE:CHGG) tanked 36.9% after reporting Q1 EPS of $0.27 versus $0.26 expected on revenues of $187.6 million versus $185.2 million expected.
Diamondback Energy Inc (NASDAQ:FANG) fell 1.7% after the company reported EPS of $4.10 versus $4.35 expected, while revenues came in at $1.93 billion, in line with expectations.
NXP Semiconductors NV (NASDAQ:NXPI) added 4.2% reporting Q1 EPS of $3.19 versus $3.02 expected, with revenues reported at $3.12 billion versus $3 billion expected.
Ahead in Tuesday's session will be looking toward factory orders and JOLTS job opening data, while companies including Pfizer Inc (NYSE:PFE), Advanced Micro Devices Inc (NASDAQ:AMD), Starbucks Corporation (NASDAQ:SBUX), Uber Technologies Inc (NYSE:UBER), Ford Motor Company (NYSE:F) are set to report quarterly results.
During Monday's regular session, the Dow Jones Industrial Average fell 46.5 points or 0.1% to 34,051.7, the S&P 500 finished flat at 4,167.9 and the NASDAQ Composite lost 14 points or 0.1% to 12,212.6
On the bond markets, United States 10-Year yields were at 3.57%.
