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By 7:00pm ET (11:00pm GMT) Dow Jones Futures and S&P 500 Futures declined 0.5% apiece while Nasdaq 100 Futures were down 0.1%.
In extended deals, PacWest Bancorp (NASDAQ:PACW) tanked 55.6% as Bloomberg reported news of a potential sale.
Among reporting companies, Etsy Inc (NASDAQ:ETSY) added 3.4%, reporting Q1 EPS of $0.53 versus $0.50 expected on revenues of $640.9 million versus $622.05 million expected.
SolarEdge Technologies Inc (NASDAQ:SEDG) added 8% after reporting Q1 EPS of $2.90 versus $1.94 expected while revenue came in at $943.9 million versus $932.83 million expected.
Zillow Group Inc (NASDAQ:ZG) lifted 3.9% after reporting Q1 EPS of $0.35 versus $0.10 expected, while revenue came in at $469 million versus $425.11 million expected.
Qualcomm Incorporated (NASDAQ:QCOM) shed 6.6%, reporting Q2 EPS of $2.15, in-line with expectations, while revenue was reported at $9.27 billion versus $9.09 billion expected.
Ahead in Thursday’s trade, market participants will be looking toward initial jobless claims, trade balance data and a preliminary nonfarm productivity reading.
On the earnings front, companies scheduled to deliver results include Apple Inc (NASDAQ:AAPL), ConocoPhillips (NYSE:COP), Moderna Inc (NASDAQ:MRNA), LYFT Inc (NASDAQ:LYFT), DraftKings Inc (NASDAQ:DKNG) and Coinbase Global Inc (NASDAQ:COIN).
During Wednesday’s regular trade, the Dow Jones Industrial Average lost 270.3 points or 0.8% to 33,414.3, the S&P 500 fell 28.8 points or 0.7% to 4,090.7 and the NASDAQ Composite dropped 55.2 points or 0.5% to 12,025.3.
On the bond markets, United States 10-Year rates were at 3.364%.
