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Dow futures drop after indices continue to rise

Dow futures drop after indices continue to rise

by Oliver Gray

Investing.com – U.S. stock futures were trading lower on Tuesday evening deals, after major indexes extended gains for a second straight session after a weaker-than-expected reading boosted bets that the Federal Reserve will ease steep interest rate increases.

By 7:10 PM ET (11:10 PM GMT), it was down 0.3% each while it was down 0.2%.

In the extended deals, earnings of Airbnb Inc (NASDAQ: 0.8%, Emerson Electric (NYSE:)) rose 4.5% while Amilex Pharmaceuticals Inc (NASDAQ 🙂 is down 3.4%.

Ahead of Wednesday’s session, market participants will focus on the data as well.

During Tuesday’s regular session, it added 825.4 points or 2.8% to 30316.3 points, rose 112.5 points or 3.1% to 3790.9, and increased 361 points or 3.3% to 11176.4 points.

In the bond markets, rates were 3.635%.

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