June S&P 500 futures (ESM23) are trending down -0.17% this morning after three major U.S. benchmark indices finished the regular session in the red as investors assessed a mixed slate of corporate earnings while parsing through economic data and comments from Federal Reserve officials.
In Thursday’s trading session, Tesla Inc (TSLA) tumbled over -9% after the electric vehicle maker posted weaker-than-expected Q1 results, dragging the tech-heavy Nasdaq 100 sharply into negative territory. Meanwhile, AT&T Inc (T) plunged more than -10% and was the top percentage loser on the benchmark S&P 500 after the wireless carrier reported weaker-than-expected Q1 free cash flow. Also, American Express Company (AXP) fell about -1% after the company’s Q1 earnings fell short of Wall Street expectations, weighing on the blue-chip Dow. On the positive side, Lam Research Corp (LRCX) climbed more than +7% after reporting better-than-expected Q3 results.
