U.S. stock futures trended higher on Thursday morning following a stronger-than-expected January jobs report. Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were up 0.22%, 0.24%, and 0.19%, respectively, at 8:20 a.m. EST on February 12.
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Trade QQQ with leverageDuring Wednesday’s regular trading, all three indexes closed lower, with the Dow falling 0.13%, the S&P 500 dipping around 0.1%, and the Nasdaq down 0.16%.
Turning to trending stocks, Cisco Systems (CSCO) shares declined 7% in pre-market trading as the company’s guidance and margin woes overshadowed market-beating Q2 results. Also, AppLovin (APP) stock declined more than 7% even after the ad-tech platform reported better-than-expected Q4 results.
In contrast, shares of cloud computing platform Fastly (FSLY) rallied 44% after issuing solid guidance and ai-play">delivering upbeat Q4 numbers.
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