Futuress for the Dow Jones dipped slightly, but the major stock indexes showed an upward trend on Friday as Wall Street awaited an important jobs report from the Labor Department. Notably, Tesla (TSLA) saw an increase in its stock price today.
Before the market opened, Dow Jones Industrial Average futures were down 0.1% while S&P 500 futures nudged higher and Nasdaq 100 futures rose by 0.1% in premarket trading. Meanwhile, the 10-year Treasury yield saw a slight decrease to 4.33%, and oil prices remained steady at around $83.90 a barrel.
Tesla’s stock surged nearly 2% before the opening bell on Friday, continuing an eight-session winning streak. Analysts are anticipating the release of the Labor Department’s June jobs report at 8:30 a.m. ET, with expectations of 189,000 new jobs being added and an unchanged unemployment rate of 4.0%.
As the stock market has been hitting new highs, it is important for investors to stay informed and adjust to changing market conditions. Companies like Burlington Stores, Carvana, and Meta Platforms are worth watching in today’s market, while stocks like Amazon, Apple, and Microsoft continue to be prominent players.
Overall, staying updated on market trends and stock movements is crucial for making informed investment decisions in today’s dynamic market environment.
