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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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Futures up: Dow 0.16%, S&P 500 0.22%, Nasdaq 0.24%

(Updated at 07:00 a.m. ET/1100 GMT)

By Lisa Pauline Mattackal and Purvi Agarwal

Oct 25 (Reuters) -

U.S. stock index futures edged higher on Friday as a dip in

Treasury yields provided slight reprieve, though all major

indexes remained on course for weekly losses.

The benchmark 10-year Treasury note yield eased, after

rising as high as 4.26% earlier in the week, and was trading

around 4.198%.

Meanwhile, Tesla shares dipped 1.7% 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 had lifted the Nasdaq and the S&P 500 on

Thursday, the S&P 500's first daily advance of the week.

All three major indexes were set to snap their six-week

winning streaks, with equities unsettled by a fairly rapid rise

in yields as investors bet on a stronger economic outlook

limiting the scope of future interest-rate cuts by the U.S.

Federal Reserve.

"Even with the modest gain, investors are still very

cautious as we approach a pivotal couple of weeks, which will

include a raft of earnings reports, the US jobs report next

week, and the US election," Deutsche Bank analysts said in a

note.

"There's been a reluctance to push the rally much

further before we get some clarity on those."

Dow E-minis were up 70 points, or 0.16%, S&P 500

E-minis were up 12.75 points, or 0.22%, Nasdaq 100

E-minis were up 48.25 points, or 0.24%.

Shares of Apple ( AAPL ) dipped 0.9% after data showed

iPhone sales in China fell in the third quarter. KeyBanc also

downgraded the company to "underweight" from "sector weight".

Capri Holdings ( CPRI ) slumped 46.7% after a U.S. judge

blocked a pending merger between the company and handbag maker

Tapestry. Shares of Tapestry were up 15.7%.

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

11.4% after it topped quarterly profit estimates on Thursday,

while health insurer Centene ( CNC ) advanced 14.5% after

beating estimates for third-quarter profit.

A mixed set of earnings across sectors and continued

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

investors cautious.

The week starting Oct. 28 promises to be a crucial one for

Wall Street, with earnings from megacaps including Alphabet

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

well as nonfarm payrolls data and the final stretch before the

Nov. 5 election.

Markets have started pricing in a second Donald Trump

administration in recent weeks, despite worries of a possibly

contested result and whether one party will control Congress

following the election.

On the economic front, September durable goods data and the

University of Michigan's final Consumer Sentiment index are 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.