US Futures Steady as More Earnings Roll In
2026-02-11 23:54
By
Jam Kaimo Samonte
1 min. read
US stock futures were little changed on Thursday as investors assessed another wave of corporate earnings.
In extended trading, AppLovin slid 6% despite posting stronger-than-expected quarterly results.
Cisco Systems fell 7% after reporting weaker gross margins, while McDonald’s edged lower even as it delivered an earnings beat.
In regular trading on Wednesday, the S&P 500 finished flat, while the Dow and Nasdaq Composite declined 0.13% and 0.16%, respectively.
The major averages initially rallied following better-than-expected January jobs data but later reversed course amid pressure in software and other rate-sensitive stocks.
Nonfarm payrolls rose by 130,000, comfortably above the 55,000 consensus forecast, prompting a rise in Treasury yields as traders pared back expectations for Federal Reserve rate cuts.
Despite the late-session pullback, market breadth remained constructive, with eight of the 11 S&P sectors closing higher, led by energy, consumer staples and materials.