Earnings Report

U.S. equity futures pointed early Wednesday to continued selling, adding to losses from the previous session.

Under Armour Inc shareholders may pursue a lawsuit accusing the sports apparel company of concealing how it pulled sales forward from future quarters to meet Wall Street revenue forecasts, the subject of a recent regulatory settlement, a federal judge ruled on Tuesday.

Stock investors assessed disappointing housing data and earnings reports from several retailers as well as more calls to raise corporate taxes.

Walmart Inc. raised its full-year earnings outlook as another batch of stimulus checks propelled same-store sales past Wall Street estimates.

Home Depot Inc on Tuesday reported a bigger-than-expected 31% jump in quarterly same-store sales, allaying concerns that the top U.S. home improvement chain would see pandemic-fueled demand easing as vaccinations gather steam.

U.S. equity markets were lower as traders digested the AT&T-Discovery mega-merger.

Tax Day, a slew of retail earnings and a key White House semiconductor meeting top the week ahead.

DoorDash released its earnings report on Thursday, which showed that revenue grew to $1.1 billion, which is a 198% year-over-year increase.

U.S. equity markets rallied Friday as traders celebrated the lifting of most mask mandates and digested disappointing retail sales.

Disney reported overall revenue of $15.6 billion, down 13% compared to $18 billion a year ago. Meanwhile, net income in the quarter was $912 million, up 95% compared to $468 million a year ago. Excluding certain items, Disney's diluted earnings per share came in at 79 cents, compared to 60 cents per share a year ago.

Chinese e-commerce giant Alibaba Group Holding Ltd. posted revenue growth on stronger retail and cloud-computing results in the latest quarter, but a large fine levied by the Chinese government dragged the company to a quarterly loss.

Stock investors shifted back to buying mode after a drop in jobless claims outweighed another hot inflation report.