The broad market exchange-traded fund SPDR S&P 500 ETF Trust ($SPY) saw an increase of 0.5%, while the actively traded Invesco QQQ Trust ($QQQ) climbed 0.6% during Friday's premarket activity, ahead of the anticipated monthly US jobs report. US stock futures also pointed upwards, with S&P 500 Index futures up 0.4%, Dow Jones Industrial Average futures advancing 0.4%, and Nasdaq futures gaining 0.5% ahead of regular trading. The employment situation bulletin for October is expected to be released at 8:30 am ET, followed by the S&P Global US PMI manufacturing final report at 9:45 am ET.
At that time, Dallas Federal Reserve President Lorie Logan is scheduled to speak. Furthermore, the ISM manufacturing index's final report for October and the construction spending bulletin for September are set to be published at 10 am ET, and the weekly Baker Hughes oil-and-gas domestic rig count will be released at 1 pm ET. In premarket activity, Bitcoin had a slight increase of 0.2%, while the cryptocurrency fund ProShares Bitcoin Strategy ETF ($BITO) saw a marginal uptick of 0.02%. In the Health Care sector, the Health Care Select Sector SPDR Fund ($XLV) advanced 0.5%, while the Vanguard Health Care Index Fund ($VHT) was up 0.1%.
The iShares US Healthcare ETF ($IYH) showed no activity, and the iShares Biotechnology ETF ($IBB) remained flat. Notably, Pediatrix Medical ($MD) stock surged 8.2% premarket after reporting higher adjusted earnings and net revenue for Q3. In the Consumer segment, the Consumer Staples Select Sector SPDR Fund ($XLP) rose by 0.2%, while the Vanguard Consumer Staples Fund ($VDC) had no activity.
The iShares US Consumer Staples ETF ($IYK) was inactive, and the Consumer Discretionary Select Sector SPDR Fund ($XLY) saw a gain of 1.5%. The VanEck Retail ETF ($RTH) increased by 1.3%, but the SPDR S&P Retail ETF ($XRT) remained inactive. Despite reporting lower Q3 adjusted earnings and sales, Magna International ($MGA) shares rose nearly 4% pre-bell. In the Financial sector, the Financial Select Sector SPDR Fund ($XLF) advanced 0.3%.
Direxion Daily Financial Bull 3X Shares ($FAS.US) also increased by 0.3%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ($FAZ) declined by 0.3%. Notably, Nomura ($NMR) shares rose 2.5% pre-bell Friday after reporting higher fiscal Q2 net income and revenue. In the Industrial segment, the Industrial Select Sector SPDR Fund ($XLI) advanced by 0.1%, while the Vanguard Industrials Index Fund ($VIS) and the iShares US Industrials ETF (IYJ) remained inactive.
Boeing Company ($BA) stock was up 2.3% before the opening bell after the International Association of Machinists and Aerospace Workers announced that the airplane maker reached a tentative agreement with union leaders representing 33,000 workers who were on strike for nearly two months due to wage disputes. In the Energy sector, the iShares US Energy ETF ($IYE) was inactive, while the Energy Select Sector SPDR Fund ($XLE) rose by 1%.
Chevron ($CVX) stock increased by 2.1% before Friday's opening bell after the company reported forecast-beating Q3 adjusted earnings and revenue. In Technology, the Technology Select Sector SPDR Fund (XLK) advanced 0.3%, and the iShares US Technology ETF ($IYW) increased by 0.6%. Meanwhile, the iShares Expanded Tech Sector ETF ($IGM.US) was inactive.
In semiconductor ETFs, SPDR S&P Semiconductor ETF ($XSD) remained inactive, whereas the iShares Semiconductor ETF ($SOXX) rose by 0.9%. Apple ($AAPL) shares saw a decline of 1.8% in recent Friday premarket activity after posting a lukewarm fiscal Q1 guidance and indicating that their fiscal Q4 net income was impacted by a $10.2 billion income tax charge related to a European court order issued in September. In commodity markets, the front-month US West Texas Intermediate crude oil prices increased by 1.9% to $70.56 per barrel on the New York Mercantile Exchange, while natural gas gained 0.1% to $2.71 per 1 million British Thermal Units.
The United States Oil Fund (USO) saw a slight increase of 0.1%, while the United States Natural Gas Fund (UNG) experienced a decrease of 0.8%. Gold futures for December advanced 0.5% to $2,762.60 an ounce on the Comex, and silver futures gained 0.5% to $32.95 an ounce. SPDR Gold Shares ($GLD) rose by 0.3%, and the iShares Silver Trust ($SLV) was 0.4% higher..