Dow futures tick lower, Intel dips 9.7% after earnings miss

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Investing.com – U.S. stock futures were fell during Thursday’s evening trade after major benchmark averages finished the regular session in positive territory following a better than expected GDP reading, while investors continue to monitor a slew of earnings results.

By 6:35pm ET (11:35pm GMT) Dow Jones Futures were 0.1% lower, S&P 500 Futures fell 0.3% and, Nasdaq 100 Futures were down 0.5%..

In extended deals, Intel Corporation (NASDAQ:INTC) dipped 9.7% after the company reported Q4 EPS of $0.10, well under estimates of $0.22, while revenue was reported at $14 billion versus $14.57 billion expected.

Eastman Chemical Company (NYSE:EMN) fell 2.9% after reporting Q4 EPS of $0.89 versus $1.25 expected on revenues of $2.37 billion versus $2.43 billion expected.

L3Harris Technologies Inc (NYSE:LHX) added 4% after reporting Q4 EPS of $3.27 versus $3.26 expected, while revenues came in at $4.58 billion versus $4.34 billion expected.

Ahead in Friday’s trade, investors will be closely monitoring December’s Core PCE price index reading, personal income and spending, Michigan consumer sentiment and pending home sales.

On the earnings front, companies including Chevron Corp (NYSE:CVX), American Express Company (NYSE:AXP), Charter Communications Inc (NASDAQ:CHTR) and Colgate-Palmolive Company (NYSE:CL) are slated to report results.

On the bond markets, United States 10-Year rates were at 3.506%.