By Oliver Gray
Investing.com - U.S. stock futures were trading lower during Tuesday's evening trade, after major indices bounces posted a positive session with the Dow lifting from 5-week lows, as investors reacted positively to weakening inflation pressures following the seizure of SVB Financial Group (NASDAQ:SIVB) and Signature Bank (NASDAQ:SBNY).
By 6:45pm ET (11:45pm GMT) Dow Jones Futures and Nasdaq 100 Futures fell 0.2% apiece while S&P 500 Futures dipped 0.1%
In extended deals, Smartsheet (NYSE:SMAR) added 12.2% after the company reported Q4 EPS of $0.07 versus expected losses of $0.01 per share, while revenue came in at $212.3 million versus $206.25 million expected. Smartsheet forecasted Q1 2024 EPS in the range of $0.08-$0.09 versus expected losses of $0.06 per share, while revenue was forecasted at $213-215 million versus consensus of $217 million.
SentinelOne (NYSE:S) added 5.7% after reporting Q4 losses of $0.13 per share versus expected losses of $0.16 per share, while revenue came in at $126.1 million versus $124.69 million expected.
Vacasa Inc (NASDAQ:VCSA) dipped 11.5%, reporting Q4 losses of $0.70 per share versus expected losses of $0.37 per share. Revenue was reported at $218 million versus $206.24 million expected.
During Tuesday's regular trade, the Dow Jones Industrial Average added 336.3 points or 1.1% to 32,155.4, the S&P 500 lifted 63.5 points or 1.1% to 3,919.3 and the NASDAQ Composite gained 239.3 points or 2.1% to 11,428.2.
On the bond markets, United States 10-Year rates were at 3.685%, while United States 2-Year rates were at 4.246%.