STOCKS/ECONOMY
-Stock futures are higher after Thursday's 108-point loss for the Dow, larger 0.5 percent decline for the S&P 500, and a 0.8 percent drop for the Nasdaq. Investors are more bullish this morning thanks to a bit stronger than expected jobs report.
-That May jobs report showed a 139,000 net new jobs increase, when economists expected a 125,000 job gain.
-The yield on the 10-year Treasury bond is up to 4.45 percent.-Gold is at the $3,382 per ounce level. Bitcoin is at the $104,100 level.
-Asian markets closed mixed today. The Nikkei gained 0.5 percent, the Hang Seng lost 0.5 percent, and the Shenzhen fell 0.2 percent.
OIL/ENERGY
-U.S. crude prices are flat and at the $63 a barrel level.
-Gasoline prices are holding at $3.14 a gallon, national average.
FEUD FINANCES
-Tesla (TSLA) shares are up 4 percent in the premarket after falling 14 percent Thursday as President Trump and Elon Musk very publicly feuded yesterday.
EARNINGS SCORECARD
-Chipmaker Broadcom (AVGO) reported better than expected quarterly profits and revenues. It also upped its current quarter revenue forecast. But Broadcom shares are still down 2 percent in the premarket.
-Lululemon (LULU) issued weaker than expected current quarter earnings guidance and slashed its full-year forecasts. Its shares are down 20 percent in the premarket.
-Electronic signature company DocuSign (DOCU) posted weaker than expected billings orders for the first three months of this year, and forecast billings for the current quarter that were also lower than Wall Street estimates. Its shares are down 20 percent in the premarket.
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