Nasdaq futures climb 120 points as tech earnings lift Wall Street ahead of jobs report

invezz.com (Swedish)

Nasdaq 100 futures rose 120 points Friday as strong tech earnings lifted stocks, while investors awaited a US jobs report that may decide Fed action in September. S&P 500 and Dow headed for record-setting weeks after AI-related earnings, pulling Nasdaq from a recent correction. Atlassian, Microchip Technology, and Cloudflare led premarket gains. Economists expect about 80,000 new jobs in July, with unemployment at 4.2%. Rising oil prices kept inflation risks prominent, and traders were nearly evenly split on a September Fed hike. A new 15% polysilicon tariff boosted solar stocks including First Solar.


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