Dow futures head higher as historical index moves continue

Dow futures head higher as historical index moves continue

by Oliver Gray – U.S. stock futures traded slightly higher during Tuesday night trades, after major benchmark indexes continued lower on slowing global growth concerns and higher interest rates, with trading at new annual lows while officially entering bear market territory, down 20% from his recent heights.

By 7:05 PM ET (11:05 PM GMT) it was up 0.2% while it was up 0.3%.

In extended deals, BlackBerry Ltd. (NYSE:) fell 3% after the company’s second-quarter loss of $0.05 per share versus expected losses of $0.07 per share. Revenue was $168 million versus $161.45 million forecast.

Cal Men’s Food Inc (NASDAQ) declined 0.6%, although Q2 earnings were $2.57 versus $2.38 expected, while revenue was reported at $658.3 million versus $605.1 million expected.

Ahead of Wednesday’s session, investors will be paying close attention to speeches by FOMC members, as well as the data.

During the regular trades on Tuesday, it fell 125.8 points or 0.4% to 29135, it fell 7.8 points or 0.2% to 3647.3 points, while it added 26.6 points or 0.3% to 10829.5.

On the data front, a reading came in at 108, exceeding expectations at 104.5, while it was reported at 685K, above expectations of 500K.

In the bond markets, the yield was flat near 12-year highs at 3.949%.

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