United States stock futures remained little changed on Wednesday night (Thursday AEST), following a mixed session on Wall Street that saw the Dow Jones Industrial Average break a four-day winning streak.
By 9:20 am AEST (11:20 pm GMT), futures tied to the Dow, S&P 500, and Nasdaq 100 were each 0.1% lower.
In after-hours trading, Five Below gained 3.9% after the retailer posted better-than-expected first-quarter results and issued upbeat guidance for the second quarter.
The company reported adjusted earnings per share (EPS) of $0.86 on revenue of US$970.5 million, surpassing expectations of $0.83 per share and $966.5 million in revenue.
MongoDB popped 13.7% after the software firm topped expectations and raised its fiscal 2026 outlook.
The company posted adjusted EPS of $1.00 on $549.0 million in revenue, beating market expectations of $0.66 per share and $528.1 million in revenue.
PVH Corp. fell 7.4% after the company sharply lowered its second-quarter earnings forecast, blaming an “estimated net negative impact related to the tariffs currently in place for goods coming into the U.S”.
For the first quarter, PVH still managed to beat estimates, reporting adjusted EPS of $2.30 versus the $2.25 expected, while revenues were reported at $1.98 billion versus $1.93 billion expected.
During the regular session, the Dow slipped 0.2%, marking its first loss in five days. The S&P 500 ended flat, while the Nasdaq Composite rose 0.3%.
Investor sentiment was dented by a weaker-than-expected private payrolls report. ADP data showed private sector hiring rose by just 37,000 jobs in May, well below the 115,000 forecast, fuelling concerns over a slowing labour market and its potential drag on economic growth.
However, all three major U.S. benchmarks remain on track for weekly gains. The Dow has added 0.4%, the S&P 500 is up 1%, and the Nasdaq is leading with a 1.8% rise so far this week.
