United States stock futures rose on Thursday night after a mixed session for major benchmark averages, as investors digested another wave of corporate earnings reports.
By 9 am AEST (11 pm GMT), futures tied to the Dow, S&P 500 and Nasdaq 100 each gained 0.2%.
In extended trading, Expedia Group surged more than 15% after reporting second-quarter earnings and revenue that exceeded Wall Street expectations. The company also lifted its full-year guidance for both bookings and revenue.
Block climbed nearly 7% after raising its full-year gross profit forecast to $10.17 billion, up from a prior $9.96 billion, despite slightly missing earnings and revenue expectations.
TripAdvisor advanced 6.4% as adjusted earnings per share (EPS) of $0.46 topped estimates of $0.41, though revenue of $529 million came in below forecasts of $530 million.
Viavi Solutions jumped 15.1% after delivering fiscal fourth-quarter results that beat market expectations.
Take-Two Interactive Software added 3.9% on fiscal first-quarter revenue of $1.42 billion versus $1.31 billion expected and an improved annual bookings outlook.
Meanwhile, Pinterest dropped 10.9% after adjusted second-quarter EPS of $0.33 cents missed estimates of $0.35.
Yelp also slipped 3.5% after narrowing its full-year revenue outlook to between $1.465 billion and $1.475 billion, below the $1.48 billion expected.
During regular trading, the Dow fell 224 points, or 0.5%, to close at 43,968.64. The S&P 500 eased 0.1%, while the Nasdaq Composite rose nearly 0.4%, buoyed by technology shares.
Markets reacted to the Trump administration’s “reciprocal” tariffs, which took effect at midnight Thursday. Some of the steepest duties included a 41% rate on Syria and 40% on both Laos and Myanmar.
Later in the session, Trump named Stephen Miran, chair of the Council of Economic Advisors, to replace Adriana Kugler on the Federal Reserve Board of Governors.
Miran will complete the remainder of Kugler’s term, which ends in January, following her resignation last Friday.
Despite Thursday’s loss for the Dow, all three major indices are tracking weekly gains. The S&P 500 is up 1.6%, the Dow is on pace for a 0.9% rise, and the Nasdaq has climbed 2.9% so far this week.
On Friday, earnings from Under Armour, AMC Networks and Wendy’s will be in focus for traders.
