© Reuters.
by Oliver Gray
Investing.com – U.S. stock futures were little changed on Tuesday after a negative session among the averages of the major benchmarks as investors pulled back on the latest news from the Federal Reserve chairman. , Jerome Powell.
As of 6:30 pm ET (11:30 pm GMT), each traded within a 0.1% range.
In extended deals, CrowdStrike Holdings Inc. (NASDAQ:) added 5.5% after the company’s fourth-quarter EPS was $0.47 vs. $0.43 on revenue of $637.4 million vs. $624.77 million expected. The company also forecast first-quarter 2024 EPS of $0.50-$0.51 versus estimates of $0.43, with revenue in the range of $674.9-678.2 million.
stitch arrangement (NASDAQ:) fell 5.2% after a second-quarter loss of $0.58 per share vs. $0.34 per share expected, on revenue of $412.1 million vs. $413.24 million expected .
Rigel Pharma (NASDAQ:) gained 19% after the company posted fourth-quarter EPS of $0.01 vs. expected losses of $0.09 per share, while revenue was reported at $51.3 million vs. the expected $36.52 million.
Arlo Technologies Inc. (NYSE:) rose 10.6% after fourth-quarter loss of $0.04 per share vs. expected loss of $0.10 per share, while revenue came in at $118.5 million vs. $107.44 million expected.
Later in trading on Wednesday, market participants will be closely watching Powell, as well as , and the Federal Reserve.
In Tuesday’s regular session, it lost 575 points or 1.7% to 32,856.5, was down 62.1 points or 1.5% to 3,986.4 and fell 145.4 points or 1.3% to 11,530.3.
In the bond markets, rates were at 3.97%.
