08:18 AM EST, 01/10/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.2% and the actively traded Invesco QQQ Trust (QQQ) retreated 0.3% in Friday's premarket activity, ahead of the crucial employment data report.

US stock futures were also lower, with S&P 500 Index futures down 0.2%, Dow Jones Industrial Average futures slipping 0.1%, and Nasdaq futures losing 0.2% before the start of regular trading.

The employment situation bulletin for December will be released at 8:30 am ET, followed by the University of Michigan consumer sentiment bulletin for January at 10 am ET.

The Baker Hughes domestic oil-and-gas rig count posts at 1 pm ET.

In premarket activity, bitcoin was up by 3.4% and the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.3% higher.

Power Play:

Energy

The iShares US Energy ETF ( IYE ) advanced 0.8%, while the Energy Select Sector SPDR Fund ( XLE ) was up 1.2%.

Constellation Energy's ( CEG ) stock was up more than 12% before Friday's opening bell after the company agreed to buy Calpine in a cash and stock deal with a net purchase price of $26.60 billion.

Winners and Losers:

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) advanced 0.01%, the Vanguard Health Care Index Fund ( VHT ) gained 0.3%, while the iShares US Healthcare ETF ( IYH ) and the iShares Biotechnology ETF (IBB) were inactive.

Inspira Technologies Oxy (IINN) stock was up 11% premarket after the company said that it is preparing for the potential production ramp-up of its Inspira ART100 device amid the recent outbreak of human metapneumovirus, or hMPV, in China.

Industrial

Industrial Select Sector SPDR Fund ( XLI ) retreated marginally by 0.04% while the Vanguard Industrials Index Fund ( VIS ) and the iShares US Industrials ETF ( IYJ ) were inactive.

Delta Air Lines ( DAL ) stock was up more than 7% before the opening bell after the company reported higher Q4 non-GAAP earnings and operating revenue.

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) was up 0.3%, while the Vanguard Consumer Staples Fund (VDC) was inactive. The iShares US Consumer Staples ETF ( IYK ) was inactive, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) gained 0.1%. The VanEck Retail ETF ( RTH ) and the SPDR S&P Retail ETF ( XRT ) were inactive.

Constellation Brands ( STZ ) shares were down nearly 2% pre-bell after the company reported lower-than-expected fiscal Q3 non-GAAP earnings and net sales.

Financial

Financial Select Sector SPDR Fund (XLF) retreated 0.3%. Direxion Daily Financial Bull 3X Shares ( FAS ) was down nearly 1%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1.1% higher.

UBS Group ( UBS ) shares were up 1.2% pre-bell Friday after The Wall Street Journal reported Thursday the company is close to agreeing to pay hundreds of millions of dollars to settle alleged violations of US tax laws by defunct Credit Suisse.

Technology

Technology Select Sector SPDR Fund (XLK) retreated 0.6%, and the iShares US Technology ETF ( IYW ) was 0.1% lower, while the iShares Expanded Tech Sector ETF ( IGM ) was down 0.3%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) gained 0.1%, while the iShares Semiconductor ETF (SOXX) declined by 0.5%.

Taiwan Semiconductor Manufacturing ( TSM ) shares were up more than 1% in recent Friday premarket activity after the company said that revenue rose to about 278.16 billion Taiwanese dollars ($8.46 billion) in December from 276.06 billion Taiwanese dollars a month earlier.

Commodities

Front-month US West Texas Intermediate crude oil rose 3.1% to $76.23 per barrel on the New York Mercantile Exchange. Natural gas advanced 4.4% to $3.86 per 1 million British Thermal Units. United States Oil Fund ( USO ) was up 4%, while the United States Natural Gas Fund ( UNG ) was 4.2% higher.

Gold futures for February gained 0.5% to reach $2,703.60 an ounce on the Comex, while silver futures increased 0.3% to $31.12 an ounce. SPDR Gold Shares ( GLD ) gained 0.4%, while the iShares Silver Trust ( SLV ) was nearly 1% higher.