From Nasdaq, Inc.:

U.S. stocks are expected to open higher on Friday thanks to positive sentiment about upcoming tech earnings and government funding. On Thursday, tech optimism and economic surprise readings boosted major indices while leading sectors included IT, communication services, and industrials. The S&P 500 could surpass its previous high, and futures point to a positive Friday opening.

Economist Chris Zaccarelli sees strength in the U.S. economy and advises against bearish outlook. In premarket trading, certain stocks like J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) rose, while iRobot Corporation (NASDAQ:IRBT) plunged due to issues about an EU acquisition of Amazon, Inc. (NASDAQ:AMZN). Today, data from the University of Michigan, existing home sales, and speeches from Fed officials are expected.

In the commodities and global equity markets, crude oil futures and global stocks showed mixed performances Friday. In the currency market, the U.S. dollar has weakened against major counterparts, while cryptocurrencies have seen a slight slip over the past 24 hours. Fed speeches and economic data are expected to impact trading today.



Read more: Wall Street Set To Build On Tech-Driven Rally, S&P 500 Eyes All-Time High: Analyst Points To ‘Contrarian Signal’ For Buying Stocks