U.S. futures advanced during Thursday's evening deals (Friday AEDT), with investors assessing mixed earnings from major tech firms ahead of key employment data set for release later in the session.
By 9:50 am AEDT (10:50 pm GMT) Dow Jones Industrial Average futures were up 0.1%, S&P 500 futures edged up 0.1% and Nasdaq futures rose 0.3%.
In after-hours trade, Amazon shares rose 5.7% following strong third-quarter results, reporting an 11% rise in net sales to US$158.88 billion, up from $143.1 billion a year earlier.
Conversely, Apple dipped 1.5% despite posting fourth-quarter revenue of $94.9 billion, a 6% year-over-year increase, surpassing estimates.
Intel surged 7% on better-than-expected fourth-quarter guidance, coupled with announced cost-cutting measures and a 16,500 workforce reduction.
Atlassian also saw a boost, climbing 16.8% as it reported robust quarterly growth, with subscription revenue reaching $1.13 billion, a 33% increase.
The moves follow a challenging Thursday session, where the S&P 500 and Nasdaq Composite slumped 1.9% and 2.8%, respectively, hit by post-earnings declines in Microsoft and Meta Platforms. The Dow lost 0.9%.
Investors now focus on Friday’s release of nonfarm payrolls data, expected to show an increase of 113,000 jobs in October.
Economists anticipate the unemployment rate will hold at 4.1%.
Among earnings, reports from Chevron and Exxon Mobil are due Friday, concluding the busiest earnings week of the season.