U.S. stock futures were mixed Wednesday evening while investors pondered the outcome of the presidential election and interest was reignited in earnings season.
S&P 500 futures were down 0.14% and Dow futures dropped 0.17% at 9:10 p.m. Eastern. Nasdaq futures gained 0.06%.
Investors have begun to consider what companies would perform best under Donald Trump's proposed low-tax, low-regulation administration -- a policy stance that could lead to inflation. While global markets had declined early Wednesday as Trump's victory became apparent, stocks rebounded and markets in Asia, Europe and the U.S. ended the day mostly higher.
Both the S&P 500 and the Nasdaq gained 1.11% on Wednesday while the Dow closed 1.4% higher. In Europe, the DAX added 1.56%, the FTSE 100 gained 1% and the CAC rose 1.49%.
Japan's Nikkei jumped 5.83% early Thursday as investors hailed a stronger dollar -- which makes the country's exports more attractive. The Hang Seng in Hong Kong added 1.86% and Australia's ASX rose 2.71%
Oil gave back some gains from Wednesday trading with industry standard Brent crude slipping 0.35% to $46.20 per barrel at 9:17 p.m. Eastern, while its West Texas counterpart slipped 0.62% to $44.99 per barrel. The prices reflect futures for delivery in January and December, respectively.
In currencies, the yen slipped 0.451% against the dollar while the pound lost 0.03%.
In after-hours trade, shares of Shake Shack (SHAK) jumped 8.6% to $36.11 after the fast-food chain said third-quarter sales rose 40% from the prior year to $74.6 million. Wall Street expected sales of $69.3 million. Earnings came in at 15 cents a share, beating analyst forecasts by a penny.
While some fast-food companies such as McDonald's (MCD) have reported lackluster third-quarter sales -- blamed in part on more people eating at home -- Shake Shack managed to avoid what has been dubbed the U.S. restaurant recession. The company reported same-store sales rose 2.9%, beating estimates.