07:10 AM EDT, 11/01/2024 (MT Newswires) -- US equity futures were pointing higher before the opening bell Friday as traders await the national employment situation report for October.

Standard & Poor's 500 and the Dow Jones Industrial Average increased 0.3% each while the Nasdaq added 0.4% in premarket activity. The majority of Asian exchanges were tracking in the red, while European bourses were trending upwards midday on the continent.

The jobs report for last month is scheduled for an 8:30 am ET release. Government data is expected to show nonfarm payroll growth of 106,000 in October, which would mark a deceleration from the 254,000 gain reported the month before, according to a consensus compiled by Bloomberg.

Friday's economic calendar also has the October purchasing managers' index for manufacturing from S&P Global at 9:45 am, followed by the Institute for Supply Management's manufacturing index for the same month at 10 am. The construction spending report for September is also out at 10 am.

The weekly Baker Hughes domestic oil-and-gas rig count posts at 1 pm. Federal Reserve Bank of Dallas President Lorie Logan is slated to speak at 9:45 am.

Shares of Amazon.com ( AMZN ) spiked 6.7% as the e-commerce giant's third-quarter results surpassed Wall Street's estimates. Apple ( AAPL ) declined 1.1% even though the iPhone maker recorded better-than-expected fiscal fourth-quarter results. Intel ( INTC ) gained 6% as the chipmaker issued an upbeat fourth-quarter earnings outlook.

Boeing's ( BA ) stock rose 2.4% after the plane maker reportedly reached a new tentative agreement on a labor contract with striking union leaders.

Oil giants Exxon Mobil ( XOM ) and Chevron ( CVX ) report their latest financial results before the bell, along with Enbridge ( ENB ) , Simon Property Group ( SPG ) , Dominion Energy ( D ) , Charter Communications ( CHTR ) , Cardinal Health ( CAH ) , Church & Dwight ( CHD ) and Wayfair ( W ) .

Before the opening bell, bitcoin decreased 0.6% to $69,888, West Texas Intermediate crude oil advanced 2% to $70.66 a barrel, yields on 10-year Treasuries inclined 1.3 basis points to nearly 4.3% and gold moved 0.3% higher to $2,756 an ounce.