08:40 AM EDT, 10/31/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.8% and the actively traded Invesco QQQ Trust (QQQ) was 1.4% higher in Friday's premarket activity as strong earnings reports from Apple ( AAPL ) and Amazon ( AMZN ) reignited market momentum.

US stock futures were also higher, with S&P 500 Index futures up 0.8%, Dow Jones Industrial Average futures slipping 0.1%, and Nasdaq futures gaining 1.3% before the start of regular trading.

The Chicago purchasing managers index for October will be released at 9:45 am ET, followed by the weekly Baker Hughes domestic oil-and-gas rig count at 1 pm ET.

Dallas Fed President Lorie Logan and Atlanta Fed President Raphael Bostic are slated to speak Friday.

In premarket activity, bitcoin was up by 2.9%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 2.9% higher, Ether ETF (EETH) rose 4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) advanced 1.4%.

Power Play:

Technology

Technology Select Sector SPDR Fund (XLK) gained by 1%, and the iShares US Technology ETF ( IYW ) was 1.4% higher, while the iShares Expanded Tech Sector ETF ( IGM ) was up 0.7%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF ( XSD ) advanced 0.5%, while the iShares Semiconductor ETF (SOXX) rose by 1%.

SPS Commerce ( SPSC ) shares were down more than 32% in recent premarket activity after the company reported lower-than-expected Q3 revenue.

Winners and Losers:

Consumer

The Consumer Staples Select Sector SPDR Fund ( XLP ) was down 0.3%, while the Vanguard Consumer Staples Fund (VDC) advanced 0.2%. The iShares US Consumer Staples ETF ( IYK ) was flat, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) gained 2.7%. The VanEck Retail ETF ( RTH ) and the SPDR S&P Retail ETF ( XRT ) were inactive.

Bright Horizons Family Solutions ( BFAM ) shares were up more than 10% pre-bell after the company reported higher Q3 adjusted net income and revenue.

Financial

Financial Select Sector SPDR Fund (XLF) retreated 0.4%. Direxion Daily Financial Bull 3X Shares ( FAS ) fell by 1.4%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1.5% higher.

Bancorp (TBBK) shares were down more than 7% pre-bell after the company reported lower-than-expected Q3 earnings and adjusted revenue.

Health Care

The Health Care Select Sector SPDR Fund ( XLV ) fell 0.6%, the Vanguard Health Care Index Fund ( VHT ) was down 0.4%, while the iShares US Healthcare ETF ( IYH ) was flat. The iShares Biotechnology ETF (IBB) was also flat.

AptarGroup ( ATR ) stock was down more than 5% premarket after the company forecast lower-than-expected Q4 adjusted EPS.

Industrial

Industrial Select Sector SPDR Fund ( XLI ) declined by 0.3%, while the Vanguard Industrials Index Fund ( VIS ) gained 0.3%. The iShares US Industrials ETF ( IYJ ) was inactive.

Bloom Energy ( BE ) stock was up more than 2% before the opening bell after the company said it priced a $2.20 billion private placement of 0% convertible senior notes due Nov. 15, 2030, upsized from a previously planned $1.75 billion.

Energy

The iShares US Energy ETF ( IYE ) was inactive, while the Energy Select Sector SPDR Fund ( XLE ) was down by 0.6%.

Exxon Mobil ( XOM ) stock was down more than 1% before Friday's opening bell after the company reported lower Q3 earnings and revenue.

Commodities

Front-month US West Texas Intermediate crude oil retreated 0.5% to $60.33 per barrel on the New York Mercantile Exchange. Natural gas was up 3.2% at $4.08 per 1 million British Thermal Units. The United States Oil Fund ( USO ) gained by 0.2%, while the United States Natural Gas Fund ( UNG ) rose 3%.

Gold futures for December advanced by 0.02% to $4,016.80 an ounce on the Comex, while silver futures retreated 0.2% to $48.51 an ounce. SPDR Gold Shares ( GLD ) declined by 0.4%, and the iShares Silver Trust ( SLV ) was 0.2% higher.