US stock futures mixed after Thursday's selloff: 5 things to know before the Wall Street open
US stock futures are mixed Friday morning, with Dow futures falling over 1% while tech-heavy Nasdaq futures rebounded 1.34% following Thursday's sharp selloff that pushed the Nasdaq into correction territory. The Nasdaq Composite plunged 5.52% on Thursday, its worst one-day drop in 19 months, while the S&P 500 fell 4.36% and the Dow lost 3.44%. Asian markets also tumbled, with South Korea's KOSPI dropping over 6%, as investors worried about slower AI infrastructure spending. Oil prices rose for a second session on tanker attack concerns in the Strait of Hormuz, with Brent near $98.50 per barrel. Investors await the October jobs report at 8:30 ET, with economists expecting around 60,000 new jobs and the unemployment rate near 4.2%.