United States stock futures were largely unchanged on Wednesday night, stabilising after the major indices recorded back-to-back gains.
By 10:20 am AEDT (11:20 pm GMT) futures linked to the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 were each trading within a range of 0.1%.
In extended deals, Ford Motor fell 5.3% despite surpassing earnings and revenue expectations, as its 2025 EBIT guidance came in below estimates.
Qualcomm dropped 4.7% following its quarterly results and guidance. The chipmaker reported Q1 EPS of $3.41, beating estimates of $2.97. Revenue reached $11.67 billion, exceeding the consensus estimate of $10.93 billion.
Align Technology declined 5.9% after missing EPS estimates and issuing weaker-than-expected guidance.
Coherent surged 12.1% after exceeding quarterly EPS estimates and raising guidance.
During Wednesday’s regular trading session, the Dow gained 317.24 points, or 0.71%. The S&P 500 and Nasdaq Composite rose 0.39% and 0.19%, respectively, supported by a rally in Nvidia shares.
Investors appeared to move past concerns over tariffs, which surfaced after President Donald Trump announced a 10% levy on Chinese imports over the weekend. Market sentiment improved after the administration opted to delay duties on goods from Mexico and Canada.
Looking ahead, key earnings reports from Eli Lilly, Yum Brands, and Amazon are set for release on Thursday. Traders will also monitor the latest weekly jobless claims for further economic insights.
