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Apple ( AAPL ) falls after decline in China Q3 sales

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Capri plummets after US judge blocks Tapestry merger

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Centene ( CNC ) jumps following Q3 profit beat

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Indexes set for weekly losses

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Futures up: Dow 0.20%, S&P 500 0.28%, Nasdaq 0.36%

(Updated at 8:30 a.m. ET/1230 GMT)

By Lisa Pauline Mattackal and Purvi Agarwal

Oct 25 (Reuters) - U.S. stock indexes were set to open

slightly higher on Friday as Treasury yields eased and investors

looked ahead to quarterly results from Wall Street's biggest

companies.

The yield on the benchmark 10-year Treasury note dipped to

4.2% after rising as high as 4.26% earlier in the week.

The three major stock indexes, however, looked set to

snap their six-week winning streak, with equities unsettled by

the rapid rise in yields as rate cut bets unraveled on

expectations of a stronger economic outlook.

"The upward move in yields has paused for a bit,

allowing the stock market to catch its breath and focus on

company earnings, which by and large have been pretty good,"

said Ross Mayfield, investment strategist at Baird.

Tesla's shares dipped 1.5% in premarket trading,

following a nearly 22% surge in the previous session, as

investors cheered the EV-maker's strong sales forecast.

Gains in the stock helped the S&P 500 register its

first daily advance of the week.

The week starting Oct. 28, the final stretch before the Nov.

5 U.S. presidential election, promises to be crucial for Wall

Street, marked by results from megacap tech firms including

Alphabet, Apple ( AAPL ) and Microsoft ( MSFT ) as

well as the release of nonfarm payrolls data.

Shares of Apple ( AAPL ) dipped 0.6% on a brokerage

downgrade and after data showed a decline in iPhone sales in

China. Meta Platforms ( META ) rose 0.8%, Amazon.com ( AMZN )

was up 0.7% and Nvidia ( NVDA ) gained 0.4%.

Dow E-minis were up 87 points, or 0.2%, U.S.

S&P 500 E-minis were up 16.5 points, or 0.28% and Nasdaq

100 E-minis were up 74 points, or 0.36%.

Capri Holdings ( CPRI ) slumped 47.6% after a U.S. judge

blocked a pending merger between the company and handbag maker

Tapestry. Shares of Tapestry rose 14.6%.

Regional lender New York Community Bancorp ( NYCB/PA )

dropped 11% after reporting its fourth straight quarter of

loss

, primarily due to its commercial real estate loans.

Memory-chip-maker Western Digital's ( WDC ) shares leapt 12%

after it topped quarterly profit estimates on Thursday, while

health insurer Centene ( CNC ) advanced 12.2% after beating

estimates for third-quarter profit.

A mixed set of earnings across sectors and continued

uncertainty around the U.S. election have also made investors

cautious, though markets have started pricing in a second Donald

Trump administration in recent weeks.

"We're so close to the election that it does feel like

markets are in a bit of a holding pattern," Mayfield said.

Data showed September Durable Goods orders slipped 0.8%,

less than the 1% forecast.

The University of Michigan's final Consumer Sentiment

index is still on deck, while the Boston Fed's Susan Collins is

scheduled to speak on the day.

Investors are still pricing in another 25-basis-point rate

cut at the Fed's November meeting. They expect about two rate

cuts by the end of the year, according to LSEG data.