U.S. stocks could open on a negative note on Friday after futures showed tentativeness on Friday. Investors turned their focus to cyclical stocks and themes, moving on from their focus on the Trump trade after the election results.
Futures of the three major indices were mixed, with the Nasdaq heading lower after AI giantNvidia Corp.(NASDAQ:NVDA) posted its highly-anticipated third-quarter results.
| Futures | Change (+/-) |
| Nasdaq 100 | -0.51% |
| S&P 500 | -0.40% |
| Dow Jones | -0.29% |
| R2K | -0.08% |
In premarket trading on Friday, theSPDR S&P 500 ETF Trust(NYSE:SPY) edged lower by 0.34% to $591.68 and theInvesco QQQ ETF(NASDAQ:QQQ) declined 0.39% to $503.03, according to Benzinga Pro data.
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