The index futures point to a moderately lower opening for Wall Street stocks on Thursday, as the negative sentiment carries over into the new trading day.
Major Wall Street indices closed over 1.2% lower on Wednesday, dragged by renewed concerns of a recession as U.S. retail sales declined by the most in 12 months, down 1.1% in December as against expectations of a fall of 0.8%.
Discover Financial Services (NYSE: DFS) shares are trading lower in Wednesday's after-hours session even though the company reported fourth-quarter financial results that topped estimates.
Discover Financial (NYSE:DFS) reported quarterly earnings of $3.77 per share which beat the analyst consensus estimate of $3.66 by 3.01 percent. This is a 3.57 percent increase over earnings of $3.64 per share from the