Stock Futures Rebounding After Selloff as Jobs Take Spotlight From Big Tech

Stock Futures Rebounding After Selloff as Jobs Take Spotlight From Big Tech · Barrons.com

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The World Series of Big Tech earnings is over–but don’t take a breather just yet. At first glance, the earnings look like a mixed bag–while Amazon beat Wall Street’s forecasts, Apple just about topped estimates but issued weaker-than-expected guidance for the current quarter. The tech-heavy Nasdaq Composite had plunged 2.8% on Thursday in a brutal selloff sparked by rising AI expenses, but futures tied to the index pointed to a rebound on Friday, rising 0.4%.