07:22 AM EDT, 10/31/2025 (MT Newswires) -- The benchmark US stock measures were mostly pointing higher before the open Friday as traders digest the latest quarterly results of technology giants Apple ( AAPL ) and Amazon.com ( AMZN ) .
The S&P 500 rose 0.6% and the Nasdaq added 1.2% in premarket activity, while the Dow Jones Industrial Average was slightly in the red. The indexes closed Thursday's trading session lower, with the Nasdaq snapping a 5-day winning streak.
Apple's ( AAPL ) shares increased 1.9% pre-bell as the iPhone maker said it expects revenue in its ongoing key holiday quarter to rise by double digits year over year and reported better-than-expected results in the prior three-month period. Amazon ( AMZN ) spiked 13% as the e-commerce giant reported third-quarter results above Wall Street's estimates, amid stronger-than-expected revenue growth in its cloud computing division.
Netflix ( NFLX ) grew 2.3% early Friday as the streaming company's board approved a 10-for-1 stock split of its common shares. The company is assessing a potential offer for Warner Bros Discovery's (WBD) studio and streaming operations, according to Reuters.
Oil giants Exxon Mobil ( XOM ) and Chevron ( CVX ) are scheduled to report their latest financial results before the bell, along with AbbVie ( ABBV ) , Aon (AON), Colgate-Palmolive ( CL ) , Charter Communications ( CHTR ) , Church & Dwight ( CHD ) , Magna International ( MGA ) , Madison Square Garden Sports ( MSGS ) and Newell Brands ( NWL ) .
The US federal government shutdown entered its 31st day on Friday. Senators returned to Capitol Hill to resume discussions to potentially end the shutdown, though voting on a House-passed continuing resolution to end the stoppage wasn't scheduled, CBS News reported Thursday.
The stoppage is expected to delay the release of the personal income and outlays report for September, originally scheduled for Friday. The report includes the personal consumption expenditure core price index, the Federal Reserve's preferred inflation metric.
Earlier in the week, the Fed lowered its benchmark lending rate by 25 basis points, marking a second-consecutive quarter-percentage-point cut as it reiterated concerns regarding the labor market. Powell stressed that a rate cut at the Fed's next meeting in December wasn't guaranteed.
Treasury yields were mixed in premarket action, with the two-year rate retreating 0.8 basis points to 3.61% and the 10-year rate up 0.8 basis points to 4.1%.
Dallas Fed President Lorie Logan is slated to speak at 9:30 am ET, while Atlanta Fed President Raphael Bostic speaks at 12 pm. The Chicago purchasing managers' index for October posts at 9:45 am.
West Texas Intermediate crude oil slipped 0.8% to $60.11 a barrel before the opening bell. The weekly Baker Hughes oil-and-gas rig count is out at 1 pm.
Gold inclined 0.2% to $4,023 per troy ounce, while bitcoin advanced 2.9% to $109,791.