By Oliver Gray 

- U.S. stock futures were trading slightly higher during Wednesday’s evening deals, with major benchmark averages rallying during regular trade as market participants reacted positively as Fed Chair Jerome Powell potentially less aggressive interest rate increases at December's meeting amid cooling inflation pressures.

By 6:36pm ET (11:36pm GMT) were trading flat while , were up 0.2% apiece.

In extended deals, Salesforce Inc (NYSE:) fell 6.8% after the company Q3 EPS of $1.40 versus $1.22 expected on revenue of $7.84B versus $7.83B expected.

Snowflake Inc (NYSE:) shed 5.4%, Q3 EPS of $0.11 versus $0.04 expected on revenue of $557M versus $539.07M expected.

Five Below (NASDAQ:) lifted 8.9% after Q3 EPS of $0.29, above expectations of $0.14, while revenue was reported at $607.6M versus $610.46M expected.

Okta, Inc. (NASDAQ:) rallied 13%, Q3 EPS of $0.00 versus expected losses of $0.24 per shares, while revenue came in at $481M versus $465.42M expected.

PVH Corp. (NYSE:) gained 9.5% as the company Q3 EPS of $2.60 versus $2.17 expected on revenue of $2.28B versus $2.23B expected.

Victoria's Secret & Co (NYSE:) fell 1.9% after Q3 EPS of $0.29 versus $0.22 expected on revenue of $1.32B versus $1.32B expected.

G-III Apparel Group (NASDAQ:) shed 21.5% after Q3 EPS of $1.35 versus $1.81 expected, while revenue was reported at $1.08 billion versus $1.06B.

Ahead in Thursday’s session, investors will be looking toward , , data, and .

On the earnings front, companies including Dollar General Corporation (NYSE:), Kroger Company (NYSE:) and Ulta Beauty Inc (NASDAQ:) are set to release earnings results.

During Wednesday’s trade, the added 737.2 points or 2.2% to 34,589.8, added 122.5 points or 3.1% to 4,080.1 and the gained 484.2 points or 4.4% to 11,468.

On the bond markets, rates were at 3.611%.