Investing.com – U.S. futures were higher on Friday as investors look ahead to data and corporate earnings results
The S&P 500 futures rose 6 points or 0.22% to 2,778.25 as of 6:50 AM ET (10:50 GMT) while Dow futures were up 61 points, or 0.24%, to 25,442.0. Meanwhile tech heavy Nasdaq 100 futures increased 29 points, or 0.42%, to 7,167.50.
All three indexes ended in the red on Thursday after weak industrial earnings. Earnings season continues on Friday, Schlumberger NV (NYSE:SLB), State Street Corp (NYSE:STT)t, and Honeywell (NYSE:HON) expected.
Procter & Gamble Company (NYSE:PG) was up 3% after its earning results came in higher than expected.
On the data front, existing home sales for September come out at 10:00 AM ET (14:00 GMT) while Dallas Fed president Robert Kaplan and Atlanta Fed President Raphael Bostic are expected to make appearances later in the day.
PayPal Holdings Inc (NASDAQ:PYPL) was among the top gainers in premarket trading, surging 7.32% after its earnings beat estimates while Tesla (NASDAQ:TSLA) increased 1.76% after CEO Elon Musk introduced a lower-cost Model 3 car.
Chinese e-commerce firm Jd.Com Inc Adr (NASDAQ:JD) gained 2.01% while Netflix (NASDAQ:NFLX) was up 0.66% and Facebook (NASDAQ:FB) inched up 0.31%.
Elsewhere, eBay Inc (NASDAQ:EBAY) was down 2.98% after news it is suing Amazon.com (NASDAQ:AMZN) for allegedly poaching its top sellers.
In commodities, gold futures rose 0.07% to $1,231.00 a troy ounce while crude oil futures increased 0.64% to $69.09 a barrel. The U.S. dollar index which measures the greenback against a basket of six major currencies, was down 0.07% to 95.65.