U.S. stock futures slipped Thursday night as traders looked ahead to the much-awaited July jobs report and digested the big tech earnings. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down 0.19%, 0.14%, and 0.15%, respectively, at 10:42 p.m. EDT on July 31.
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In after-hours trading, Amazon (AMZN) stock dropped over 7% following the e-commerce giant’s weaker-than-expected operating income guidance for the third quarter. Meanwhile, Apple (AAPL) shares jumped 2% after the company topped both earnings and revenue estimates.
This follows a subdued regular trading session on Thursday in which the S&P 500 and the Dow Jones closed down 0.4% and 0.7%, respectively. Also, the Nasdaq Composite ended marginally lower.
The key economic data due Friday is the July jobs report, which is likely to indicate a slowing labor market. Also, the unemployment rate is expected to have increased.