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Stock futures rose sharply Friday as investors prepared themselves for the upcoming April jobs report, due Friday morning.
Futures for the Dow Jones Industrials spiked 298 points, or 0.8%, to 38,680.
Futures for the S&P 500 jumped 18.75 points, or 0.4%, to 5,110.25.
Futures for the NASDAQ Composite moved forward 112.25 points, or 0.6%, to 17,762.
In extended trading, Apple advanced more than 6% after it announced a $110-billion share repurchase and a top -and bottom-line beat. Biotech Amgen surged 14% after posting better-than-expected earnings and revenue numbers, while Cloudflare lost 14% after reporting weak guidance on revenue for the full year.
The three major U.S. stock indexes ended Thursday higher. The S&P 500 popped 0.91%, while the Dow gained 0.85%. The NASDAQ Composite outperformed and gained 1.51%.
Despite Thursday's bounce, the major averages remain on pace to end the week in negative territory. The S&P 500 is off by 0.7% week to date, while the NASDAQ is down nearly 0.6%. The Dow is down 0.04% for the period.
On Friday, the central bank and all of Wall Street will be eyeing the April non-farm payrolls report, with close attention to changes in wages.
Economists polled by Dow Jones are expecting 240,000 positions to have been added, marking a slowdown from the 303,000 jobs gained in March. They also anticipate that average hourly wages grew by 4% year over year, and they expect the unemployment rate to hold steady at 3.8%.
In Hong Kong, the Hang Seng Index jumped 1.5%. Markets in Japan were closed for holiday.
Oil prices took on 25 cents to $79.20 U.S. a barrel.
Gold prices moved lower $2.10 to $2,307.50 U.S. an ounce.
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