Pre-market futures are positive and climbing following healthy gains on major market indexes Friday. Dow is +137 points, S&P 500 is +28, Nasdaq +130, and small-cap Russell 2000 +26 in early trading. Fed members hint at another 25 bps cut, while Apple’s iPhone 17 sees strong consumer demand with shares up 2%.

Cleveland-Cliffs stock is up +15% in early trading after reporting mixed Q3 results, exceeding expectations for loss per share but falling short on revenues. The company benefits from U.S. tariff policies, upgrading full-year guidance on lower expenses. Mining and steel production industries are seeing a demand recovery for American-made steel.

Independent reports from The Conference Board will release the latest Leading Economic Indicators (LEI) results for September, with expectations for a slight drop. Zions Bancorp will report earnings after the closing bell, with analysts expecting positive earnings growth in the quarter. Data centers’ demand for hardware continues to drive market growth, with an under-the-radar chipmaker positioned for success.

Read more at Nasdaq: Pre-markets Let It Ride from Friday’s Gains