08:14 AM EDT, 06/06/2025 (MT Newswires) -- US equity futures were higher pre-bell Friday as traders looked ahead to the crucial monthly jobs report.

Dow Jones Industrial Average futures were 0.3% higher, S&P 500 futures were up 0.4%, and Nasdaq futures were also up 0.4%.

Investors are also monitoring a potential truce between President Donald Trump and Tesla (TSLA) chief Elon Musk following their public spat on social media.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.2% at $65.24 per barrel and US West Texas Intermediate crude 0.2% lower at $63.23 per barrel.

The May jobs report, scheduled for release at 8:30 am ET, is expected to show a 126,000 increase in nonfarm payrolls after a 177,000 increase in April. The unemployment rate is expected to remain steady at 4.2%, according to estimates compiled by Bloomberg.