09:08 AM EST, 11/07/2025 (MT Newswires) -- US equity futures were down ahead of Friday's opening bell, with Wall Street poised to extend losses after record October layoffs.

Dow Jones Industrial Average futures were down 0.3%, S&P 500 futures were 0.4% lower, and Nasdaq futures were down 0.6%.

Challenger, Gray & Christmas reported Thursday that firms planned to cut 153,074 jobs in October, the worst for the month since 2003, up from 55,597 a year ago, fueling losses for major equity indices.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.6% at $63.78 per barrel and US West Texas Intermediate crude 0.7% higher at $59.85 per barrel.

The federal agency bulletin on nonfarm payrolls is suspended.

The University of Michigan's Consumer Sentiment Index, due at 10 am ET, is seen coming in at 53.0 for the November flash, down from 53.6 in October, according to estimates compiled by Bloomberg.

In other world markets, Japan's Nikkei closed 1.2% lower, Hong Kong's Hang Seng ended 0.9% lower, and China's Shanghai Composite finished 0.3% lower. Meanwhile, the UK's FTSE 100 was down 0.8%, and Germany's DAX index was 0.9% lower in Europe's early afternoon session.

In equities, Globus Medical ( GMED ) shares were 29% higher pre-bell, a day after the company reported higher Q3 non-GAAP earnings and sales.

On the losing side, Opendoor Technologies ( OPEN ) stock was down 23% after the company reported late Thursday a wider Q3 net loss and lower revenue.