Futures flat after bank stress test results, Nike reports surprise loss

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Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City.

Johannes Eisele | AFP | Getty Images

U.S. stock futures were mostly flat on Thursday night following the release of the Federal Reserve’s latest bank stress-test results and disappointing quarterly numbers out of Nike.

Dow Jones Industrial Average futures dipped 67 points, or 0.3%. S&P 500 and Nasdaq-100 futures traded marginally above the flatline. 

The Fed’s annual stress test of the major banks shows some banks could get close to minimum capital levels in scenarios related

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Albertsons prices downsized IPO below target range, sources say

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A woman pushes a cart of groceries to her car outside an Albertson’s store in Denver, Colorado.

Matthew Staver | Bloomberg | Getty Images

U.S. supermarket operator Albertsons Companies on Thursday sold fewer shares than expected at a lower price than planned in its $800 million initial public offering, according to people familiar with the matter.

The below-target pricing signaled an apparent softening in recent robust investor demand for new listings. On Wednesday, U.S. stocks fell sharply as investors worried about a resurgence of coronavirus cases in the United States.

Boise, Idaho-based Albertsons sold shares in its IPO at $16

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Nike, Virgin Galactic, Wells Fargo and more

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GP: A logo of a Virgin Galactic is seen outside the building during the company’s first day of trading on the New York Stock Exchange (NYSE) on October 28, 2019 in New York City.

JOHANNES EISELE | AFP | Getty Images

Check out the companies making headlines after the bell.

Virgin Galactic — Shares of the space travel company climbed 5% in extended trading after Virgin Galactic successfully completed its second glide flight test in New Mexico on Thursday. The company said it is now preparing for full rocket-powered test flights and expects to begin commercial operations this summer. Virgin

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Record spikes in U.S. coronavirus cases push up hospitalization rates in 16 states

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A waiter wearing a protective face shield and mask serves customers at a Third Street Promenade restaurant on June 21, 2020 in Santa Monica, California.

David Livingston | Getty Images

The U.S. reported more than 34,400 coronavirus cases on Wednesday, according to a CNBC analysis of Johns Hopkins University data, after health officials in California, Florida and Texas all reported record-high single-day spikes.

As of Wednesday, the nation’s seven-day average of daily new Covid-19 cases was 31,172. This number has increased more than 34% compared with a week ago, according to the analysis of Johns Hopkins data. Cases are growing

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