US stock futures were little changed on Friday as investors looked ahead to the closely watched July jobs report for fresh insight into labor market conditions and the Federal Reserve’s potential policy path.
In corporate news, Airbnb jumped more than 8% in after-hours trading following revenue and earnings that beat forecasts, while Cloudflare surged 16% on an upbeat outlook for both the full year and the current quarter. By contrast, DraftKings slipped 3% after its revenue came in below expectations.
During Thursday’s regular session, the Dow fell 0.85%, the S&P 500 edged down 0.18%, and the Nasdaq Composite dipped 0.06%. Eight of the 11 S&P sectors finished lower, led by industrials, real estate, and materials. The pullback came as a rebound in oil prices rekindled worries that the Fed could raise interest rates as soon as next month.
