Dow Futures Tick Lower, Smartsheet Reports By Investing.com

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© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures traded lower during Tuesday’s evening deals, after major benchmark averages finished higher as investors proved optimistic ahead of Friday’s key inflation print.

By 6:55pm ET (10:55pm GMT) , and were each trading 0.2% lower.

In extended trades, Smartsheet Inc (NYSE:) moved 5% lower after Q1 losses of $0.18 per share versus expected losses of $0.19. Revenue came in at $168.3 million $162.56 million estimated.

Investors will be closely monitoring further retail earnings from companies including Campbell Soup Company (NYSE:), Ollies Bargain Outlet Holdings Inc (NASDAQ:) and Five Below Inc (NASDAQ:). Traders are also looking ahead to Friday’s reading for May.

During Tuesday’s regular trade, The gained 264.36 points, or 0.8%, to close at 33,180.14. The rose 0.95% to 4,160.68, and the added 0.94% to 12,175.23.

Energy shares were among the top performers amid stronger prices, with Occidental Petroleum Corporation (NYSE:) adding 1.4%, ConocoPhillips (NYSE:) up 4.5% and Chevron Corp (NYSE:) gaining 1.9%, while Exxon Mobil Corp (NYSE:) was up by over 4% following an upgrade from Evercore ISI.

The technology sector was also higher, with Microsoft Corporation (NASDAQ:) up 1.4%, Block Inc (NYSE:) adding 1.5%, and Apple Inc (NASDAQ:) gaining 2.8% while Amazon.com Inc (NASDAQ:) fell 1.4%.

Target Corporation (NYSE:) tumbled 2.3% as the company issued another warning about weak guidance, sparking concerns of further slowdown in consumer sentiment.

On the bond markets, yields were at 2.979%.

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