Dow futures little changed, Oracle adds 3.3% after earnings

This post was originally published on this site

https://i-invdn-com.investing.com/news/LYNXMPEB4I0NH_M.jpg

By 6:30pm ET (10:30pm GMT) Dow Jones Futures and S&P 500 Futures remained flat while Nasdaq 100 Futures lifted 0.1%.

Analyze corporate earnings results with InvestingPro.

In extended deals, Oracle Corporation (NYSE:ORCL) lifted 3.3% after reporting EPS of $1.67 versus $1.58 expected on revenues of $13.8 billion versus $13.74 billion expected.

Ahead in Tuesday’s session, market participants will be closely monitoring CPI data, with annualized inflation expected to ease to 4.1% from last month’s reading of 4.9%. This data will also directly inform the Fed’s interest rate decision due on Wednesday.

During Monday’s regular trade, the Dow Jones Industrial Average added 189.6 points or 0.6% to 6-week highs of 34,066.3, the S&P 500 lifted 40.1 points or 0.9% to a fresh yearly high of 4,338.9 and the NASDAQ Composite gained 202.8 points or 1.5% to 14-month highs of 13,461.9.

On the bond markets, United States 10-Year rates were at 3.743%.