Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.
U.S. stock futures rose on Friday after closing lower on Thursday’s. Futures of major benchmark indices were higher.
Despite the market decline on Thursday, corporate earnings provided bright spots. Delta Air Lines Inc. (NYSE:DAL) jumped 4.3% after beating estimates, and PepsiCo Inc. (NASDAQ:PEP) gained 4.2% after posting an adjusted EPS of $2.29, slightly above expectations but down 2% from a year earlier.
Meanwhile, President Donald Trump hinted that he was gearing up to discuss soybeans and other trade issues with Chinese President Xi Jinping ahead of a potential in-person meeting later this month.
The 10-year Treasury bond yielded 4.11% and the two-year bond was at 3.58%. The CME Group’s FedWatch tool‘s projections show markets pricing a 94.6% likelihood of the Federal Reserve cutting the current interest rates in its October meeting.
| Futures | Change (+/-) |
| Dow Jones | 0.10% |
| S&P 500 | 0.10% |
| Nasdaq 100 | 0.11% |
| Russell 2000 | 0.37% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and the Nasdaq 100 index, respectively, rose in premarket on Friday. The SPY was up 0.17% at $672.33, while the QQQ advanced 0.19% to 611.85, according to Benzinga Pro data.
Stocks In Focus
Applied Digital
- Applied Digital Corp. (NASDAQ:APLD) jumped 25.74% in premarket on Friday, after it reported $64.2 million in revenue for its fiscal first quarter, a sharp increase from $34.8 million during the same period last year.
- APLD maintained a stronger price trend over the short, medium, and long terms, with a moderate growth ranking, as per Benzinga’s Edge Stock Rankings. Additional performance details are available here.
USANA Health Sciences
- USANA Health Sciences …
Full story available on Benzinga.com
Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.
U.S. stock futures rose on Friday after closing lower on Thursday’s. Futures of major benchmark indices were higher.
Despite the market decline on Thursday, corporate earnings provided bright spots. Delta Air Lines Inc. (NYSE:DAL) jumped 4.3% after beating estimates, and PepsiCo Inc. (NASDAQ:PEP) gained 4.2% after posting an adjusted EPS of $2.29, slightly above expectations but down 2% from a year earlier.
Meanwhile, President Donald Trump hinted that he was gearing up to discuss soybeans and other trade issues with Chinese President Xi Jinping ahead of a potential in-person meeting later this month.
The 10-year Treasury bond yielded 4.11% and the two-year bond was at 3.58%. The CME Group’s FedWatch tool‘s projections show markets pricing a 94.6% likelihood of the Federal Reserve cutting the current interest rates in its October meeting.
| Futures | Change (+/-) |
| Dow Jones | 0.10% |
| S&P 500 | 0.10% |
| Nasdaq 100 | 0.11% |
| Russell 2000 | 0.37% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and the Nasdaq 100 index, respectively, rose in premarket on Friday. The SPY was up 0.17% at $672.33, while the QQQ advanced 0.19% to 611.85, according to Benzinga Pro data.
Stocks In Focus
Applied Digital
- Applied Digital Corp. (NASDAQ:APLD) jumped 25.74% in premarket on Friday, after it reported $64.2 million in revenue for its fiscal first quarter, a sharp increase from $34.8 million during the same period last year.
- APLD maintained a stronger price trend over the short, medium, and long terms, with a moderate growth ranking, as per Benzinga’s Edge Stock Rankings. Additional performance details are available here.
USANA Health Sciences
- USANA Health Sciences …
Full story available on Benzinga.com
Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.
U.S. stock futures rose on Friday after closing lower on Thursday’s. Futures of major benchmark indices were higher.
Despite the market decline on Thursday, corporate earnings provided bright spots. Delta Air Lines Inc. (NYSE:DAL) jumped 4.3% after beating estimates, and PepsiCo Inc. (NASDAQ:PEP) gained 4.2% after posting an adjusted EPS of $2.29, slightly above expectations but down 2% from a year earlier.
Meanwhile, President Donald Trump hinted that he was gearing up to discuss soybeans and other trade issues with Chinese President Xi Jinping ahead of a potential in-person meeting later this month.
The 10-year Treasury bond yielded 4.11% and the two-year bond was at 3.58%. The CME Group’s FedWatch tool‘s projections show markets pricing a 94.6% likelihood of the Federal Reserve cutting the current interest rates in its October meeting.
Futures
Change (+/-)
Dow Jones
0.10%
S&P 500
0.10%
Nasdaq 100
0.11%
Russell 2000
0.37%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and the Nasdaq 100 index, respectively, rose in premarket on Friday. The SPY was up 0.17% at $672.33, while the QQQ advanced 0.19% to 611.85, according to Benzinga Pro data.
Stocks In Focus
Applied Digital
Applied Digital Corp. (NASDAQ:APLD) jumped 25.74% in premarket on Friday, after it reported $64.2 million in revenue for its fiscal first quarter, a sharp increase from $34.8 million during the same period last year.
APLD maintained a stronger price trend over the short, medium, and long terms, with a moderate growth ranking, as per Benzinga’s Edge Stock Rankings. Additional performance details are available here.
USANA Health Sciences
USANA Health Sciences …Full story available on Benzinga.com Read More$BTC, AMCR, Analyst Color, APLD, Asia, Cryptocurrency, DAL, Earnings, Earnings Beats, Earnings Misses, Equities, ESTC, Government, Macro Economic Events, Macro Notification, Market Summary, News, PEP, QQQ, Regulations, SPY, STLA, USNA, Bonds, Broad U.S. Equity ETFs, Emerging Markets, Eurozone, Futures, Commodities, Forex, Treasuries, Global, Econ #s, Top Stories, Economics, Federal Reserve, Pre-Market Outlook, Markets, Analyst Ratings, ETFs, General, SPY, US78462F1030, USNA, US90328M1071, DAL, US2473617023, PEP, US7134481081, QQQ, US73935A1043, APLD, ESTC, AMCR, $BTC, STLA, Macro Notification, Equities, Government, News, Cryptocurrency, Analyst Color, Regulations, Asia, Macro Economic Events, Earnings, Earnings Beats, Earnings Misses, Market Summary, Broad U.S. Equity ETFs, Bonds, Emerging Markets, Eurozone, Futures, Commodities, Forex, Treasuries, Global, Econ #s, Top Stories, Economics, Federal Reserve, Pre-Market Outlook, Markets, Analyst Ratings, ETFs, General, Benzinga Markets
