U.S. Stock Futures Edge Higher Amid Consumer Sentiment Watch
U.S. stock futures nudged upward Friday morning despite the S&P 500 and Nasdaq 100 stepping back from record highs. Market participants await the University of Michigan's consumer sentiment data, a key pulse check on Main Street's economic confidence as Washington's budget impasse enters its tenth day.
Nasdaq 100, S&P 500, and Dow Jones futures all ROSE approximately 0.15% in early trading. The muted gains follow Thursday's retreat across major indices, with the Dow leading losses at 0.52%.
Levi Strauss shares tumbled 7% pre-market despite beating earnings expectations, while Qualcomm dipped 1.3% on news of a Chinese antitrust probe. Venture Global led decliners with a 19% plunge after losing a significant contract.