Stock futures surged on Friday as investors geared up for the release of the April jobs report. Futures linked to the Dow Jones Industrial Average rose by 322 points, equivalent to a 0.84% increase, while S&P 500 futures saw a 0.41% uptick and Nasdaq 100 futures jumped approximately 0.7%.
In after-hours trading, Apple saw a more than 6% increase following the announcement of a $110 billion share repurchase plan and a beat on both top and bottom-line expectations.
On the other hand, biotech giant Amgen skyrocketed by 14% after exceeding earnings and revenue projections, while Cloudflare experienced a 14% downturn due to disappointing revenue guidance for the full year.
The previous day saw positive movement for the three major U.S. stock indexes, with the S&P 500 climbing by 0.91%, the Dow gaining 0.85%, and the Nasdaq Composite leading the pack with a 1.51% increase.
Source (CNBC)
