June S&P 500 futures (ESM23) are down -0.76%, and June Nasdaq 100 E-Mini futures (NQM23) are down -1.12% this morning after three major U.S. benchmark indices finished the regular session mixed as market participants digested a mixed bag of corporate earnings from major names.
In Wednesday’s trading session, the blue-chip Dow underperformed major benchmarks, weighed down by weakness in Walt Disney (DIS) and UnitedHealth Group Inc (UNH) shares following weaker-than-expected results from their rivals. Meanwhile, energy stocks were one of the biggest drags on the market as the price of WTI crude dropped over -1% on growing concerns that major central banks will continue their tightening cycle. Chip stocks also slumped on demand concerns after ASML Holdings (ASML) reported a 46% drop in first-quarter net bookings.
