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Dow futures tick lower, HP Inc down 4.1% after earnings

Investing.com - U.S. stock futures were trading within a tight range during Tuesday's evening trade, as market participants weighed the likelihood of U.S. Congress passing a debt deal ahead of a vote on the legislation as early as Wednesday.

By 7:00pm ET (11:00pm GMT) Dow Jones Futures were 0.1% lower while S&P 500 Futures and Nasdaq 100 Futures remained flat.

In extended deals, HP Inc. (NYSE:HPQ) fell 4.1% after reporting EPS of $0.80 versus $0.76 expected on revenues of $12.9 billion $13.09 billion expected.

Hewlett Packard Enterprise Company (NYSE:HPE) fell 7.9% after the company reported EPS of $0.52 versus $0.49 expected, while revenues came in at $7 billion versus $7.31 billion expected.

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Box Inc (NYSE:BOX) lifted 2.9% after reporting EPS of $0.32 versus $0.27 expected on revenues of $252 million versus $249.58 million expected.

Ambarella (NASDAQ:AMBA) fell 13.4%, reporting losses of %0.15 per share versus expected losses of $0.2 per share, while revenue was reported at $62.1 million versus $61.99 million expected.

Sportsmans (NASDAQ:SPWH) dipped 7.1% after reporting losses of $0.39 per share versus earnings of $0.03 per share expected, while revenue was reported at $267.5 million versus $319.67 million expected.

Ahead in Wednesday's trade, market participants will be looking towards fresh JOLTs Job Openings, Chicago PMI, Beige book, as well as speeches from FOMC members Bowman, Harker, and Fed Governor Jefferson.

During Tuesday's regular trade, the Dow Jones Industrial Average fell 50.6 points or 0.2% to 33,042.8, the S&P 500 finished flat at 4,205.5 and the NASDAQ Composite lifted 41.7 points or 0.3% to 13,017.4.

On the bond markets, United States 10-Year rates were at 3.699%.

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