06:25 AM EST, 11/21/2025 (MT Newswires) -- US futures were edging higher premarket Friday, paring a portion of the previous day's losses due to a sell-off in technology stocks and uncertainty over a potential rate cut in December.

In the futures, the S&P 500 was up 0.1%, the Dow Jones was 0.4% higher, while the Nasdaq was down 0.1%.

Asian markets closed Friday in the red, and European bourses were also tracking lower midday.

Early movers include Gap (GAP), which was up 4.7% in premarket hours amid its fiscal Q3 beat and an outlook raise for fiscal 2025 net sales growth.

Meanwhile, BJ's Wholesale Club Holdings (BJ), BitMine Immersion Technologies (BMNR), and IES Holdings (IESC) are set to report quarterly earnings within the day.

On the economic calendar is the PMI Composite Flash at 9:45 am ET, Consumer Sentiment at 10 am ET, and the Baker Hughes Rig Count at 1 pm ET.

In pre-market action, Bitcoin traded at $82,625, West Texas Intermediate crude oil traded lower at $57.48, and 10-year US Treasuries offered 4.06%. Spot gold traded for $4,040 an ounce.