The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.3% and the actively traded Invesco QQQ Trust (QQQ) was 0.5% higher in Friday's premarket activity, ahead of the potential release of the delayed September CPI report.
US stock futures were also higher, with S&P 500 Index futures up 0.3%, Dow Jones Industrial Average futures advancing 0.1%, and Nasdaq futures gaining 0.4% before the start of regular trading.
The Bureau of Labor Statistics is set to publish the consumer price index report for September at 8:30 am ET, after a delay from its originally scheduled release date.
The S&P Global PMI for October will be released at 9:45 am ET, followed by the University of Michigan's consumer sentiment report for October at 10 am ET.
The weekly Baker Hughes domestic oil-and-gas rig count posts at 1 pm ET.
In premarket activity, bitcoin was up by 0.6%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.7% higher, Ether ETF (EETH) rose 2.7%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.
Power Play:
Industrial
Industrial Select Sector SPDR Fund (XLI) advanced 0.2% while the Vanguard Industrials Index Fund (VIS) and the iShares US Industrials ETF (IYJ) were inactive.
Booz Allen Hamilton (BAH) stock was down more than 7% before the opening bell after the company reported lower fiscal Q2 adjusted earnings and revenue.
Winners and Losers:
Technology
Technology Select Sector SPDR Fund (XLK) gained 0.7%, and the iShares US Technology ETF (IYW) was 0.6% higher, while the iShares Expanded Tech Sector ETF (IGM) was up 0.7%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF (XSD) advanced nearly 1%, while the iShares Semiconductor ETF (SOXX) rose by 1.2%.
Intel's (INTC) shares were up more than 6% in recent premarket activity after the company reported overnight it swung to Q3 adjusted earnings amid higher revenue.
Health Care
The Health Care Select Sector SPDR Fund (XLV) advanced 0.04%. The Vanguard Health Care Index Fund (VHT) was flat, while the iShares US Healthcare ETF (IYH) and the iShares Biotechnology ETF (IBB) were inactive.
HCA Healthcare (HCA) stock was up more than 4% premarket after the company reported higher Q3 adjusted earnings and revenue.
Consumer
The Consumer Staples Select Sector SPDR Fund (XLP) was up 0.2%, while the Vanguard Consumer Staples Fund (VDC) gained 0.1%. The iShares US Consumer Staples ETF (IYK) gained 0.5%, while the Consumer Discretionary Select Sector SPDR Fund (XLY) lost 0.2%. The VanEck Retail ETF (RTH) and the SPDR S&P Retail ETF (XRT) were inactive.
Procter & Gamble (PG) shares were up more than 3% pre-bell after the company reported higher fiscal Q1 core earnings and net sales.
Energy
The iShares US Energy ETF (IYE) was flat, while the Energy Select Sector SPDR Fund (XLE) was up by 0.2%.
Eni (E) stock was up more than 3% before Friday's opening bell after the company reported higher Q3 earnings and expanded its share buyback plan.
Financial
Financial Select Sector SPDR Fund (XLF) advanced 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.4%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.3% lower.
Virtus Investment Partners (VRTS) shares were down more than 1% pre-bell after the company reported lower Q3 non-GAAP earnings and revenue.
Commodities
Front-month US West Texas Intermediate crude oil gained 0.7% to reach $62.24 per barrel on the New York Mercantile Exchange. Natural gas down 2% at $3.28 per 1 million British Thermal Units. The United States Oil Fund (USO) rose 1.2%, while the United States Natural Gas Fund (UNG) was 0.4% lower.
Gold futures for December fell by 1.8% to $4,071.60 an ounce on the Comex, while silver futures lost 2.1% to reach $47.68 an ounce. SPDR Gold Shares (GLD) was down 1.2%, and the iShares Silver Trust (SLV) declined by 1.5%.