June S&P 500 futures (ESM23) are down -0.38%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.43% this morning as market participants digested soft Chinese trade data while looking ahead to a busy week in terms of corporate earnings results and economic data.
In Monday’s trading session, Catalent Inc (CTLT) plunged over -25% after the contract manufacturer postponed the submission of its FQ3 results and sharply decreased its fiscal 2023 net revenue and adjusted EBITDA outlook. Also, Tyson Foods Inc (TSN) slid more than -16% after the food production company reported a surprise loss in the second quarter and slashed its annual revenue forecast. On the positive side, Zscaler Inc (ZS) climbed over +20% after the cloud security company reported better-than-expected preliminary Q3 revenue and raised its FY23 revenue outlook.
