Investing.com – U.S. futures pointed to a flat opening bell on Wall Street as investors waited for the monthly jobs report later in the session and Treasury yields continued to rise.
The S&P 500 futures fell over half a point or 0.03% to 2,907.0 as of 6:45 AM ET (10:45 GMT) while Dow futures inched up 7 points, or 0.03%, to 26,659.0. Meanwhile tech heavy Nasdaq 100 futures decreased 12 points, or 0.17%, to 7,501.50.
The benchmark United States 10-Year note held near levels not seen since 2011 after upbeat economic data and hawkish comments from Fed Chairman Jerome Powell bolstered expectations of an interest rate increase in December.
Meanwhile, the September employment report will be in focus when it is released at 8:30 AM ET (12:30 GMT).
Medical marijuana company Tilray Inc (NASDAQ:TLRY) was among the top gainers in premarket trading, rising 3.73% while social media company Snap Inc (NYSE:SNAP) increased 2.89% and Chinese e-commerce site Jd.Com Inc Adr (NASDAQ:JD) inched up 0.21%.
Elsewhere Tesla (NASDAQ:TSLA) slumped 2.42% after CEO Elon Musk criticized the Securities and Exchange Commission in a controversial message on Twitter on Thursday, while Facebook (NASDAQ:FB) inched down 0.18% and Rio Tinto ADR (NYSE:RIO) decreased 2.40%.
In Europe stocks were down. Germany’s DAX fell 72 points or 0.60% while in France the CAC 40 was down 18 points or 0.34% and in London the FTSE 100 decreased 44 points or 0.60%. Meanwhile the pan-European Euro Stoxx 50 lost 10 points or 0.30% while Spain’s IBEX 35 slumped 44 points or 0.48%.
In commodities, gold futures rose 0.34% to $1,205.70 a troy ounce while crude oil futures increased 0.34% to $74.58 a barrel. The U.S. dollar index, which measures the greenback against a basket of six major currencies, inched up 0.10% to 95.53.