Investors Await Key Jobs Data as US Futures Mixed in Friday's Premarket

MT Newswires Live
Sep 05

US stock futures are mixed in Friday's premarket session as investors look ahead to key employment reports, as well as oil industry data coming out later in the morning.

The Dow Jones Industrial Average futures were off 0.2%, S&P 500 futures were up 0.1%, and Nasdaq futures were rising 0.5%.

Oil prices were moving lower, with front-month global benchmarks Brent crude and West Texas Intermediate crude declining 1% and 1.1% respectively.

In equities, shares of Twin Vee Powercats (VEEE) soared 53% after gaining 6.7% the previous day. Hour Loop (HOUR) shares jumped 53%, piling on to a 49% gain from Thursday. And shares of Braze (BRZE) advanced 21% after it reported fiscal Q2 adjusted earnings late Thursday that beat analysts expectations.

On the losing side, shares of lululemon athletica (LULU) tumbled 20% after it said overnight that it is lowering its full-year financial outlook. American Outdoor Brands (AOUT) shares shed 15% after it reported late Thursday that it swung to a loss in Q1. And shares of Indaptus Therapeutics (INDP) fell 12%, adding to a 14.6% loss the previous day.

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