Earnings Report

U.S. stocks rebound from four sessions of losses as investors react to jobless claims which fell to a fresh pandemic low.

U.S. equity futures were trading lower ahead of the opening bell.

Cisco Systems Inc.

Lowe's Cos Inc reported on Wednesday a 25.9% jump in quarterly same-store sales growth that failed to match that of larger rival Home Depot Inc, signaling it was slipping further behind after gaining ground during the pandemic.

U.S. equity markets closed moderately lower Wednesday, paring heavy losses that developed early in the session as technology shares slid along with cryptocurrencies.

Target Corp beat estimates for quarterly same-store sales on Wednesday as a strong vaccination drive across the country encouraged shoppers to return to the stores and spend their stimulus checks on home goods, clothes and other items.

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.