© Reuters
Investing.com – US stock futures exhibited a relatively calm trend on Tuesday night, following the Dow Jones Industrial Average’s most significant drop since March 2023.
By 6:30 pm ET (11:30 pm GMT) , and were each trading within a range of 0.1%.
In post-market trading, LYFT Inc (NASDAQ:) soared 18.1% after the ride-sharing company Q4 EPS of $0.17 versus $0.08 expected, while revenues were reported in line with expectations at $1.22 billion.
Airbnb Inc (NASDAQ:) fell 4.5% after the company losses of $0.55 per share versus EPS of $0.65 expected. Revenues came in at $2.2 billion versus $2.16 billion expected.
During Tuesday’s regular trading session, the 30-stock experienced a 1.35% drop, marking its most challenging day since March 2023. The fell by 1.37%, and the declined by 1.8%. A higher-than-expected inflation figure triggered this sell-off, as traders grew concerned that the Federal Reserve might delay cutting interest rates.
Investors and analysts will be keenly awaiting comments from , President of the Chicago Federal Reserve, on Wednesday.
On the bond markets, rates were at 4.326%.
