A trader works on the floor of the New York Stock Exchange. NYSEStock futures rose on Friday as traders awaited the release of the July jobs report. Nasdaq 100 futures led gains, rising 0.5%, and S&P 500 futures advanced 0.2%. Dow Jones Industrial Average futures rose 41 points, or 0.1%. Airbnb shares rallied 7% in premarket trading after the vacation rental company posted a beat on the top and bottom lines. Cloudflare surged 16% in premarket after the cloud cybersecurity company issued a solid full-year and current-quarter outlook.Oil prices, meanwhile, ticked lower on Friday. West Texas Intermediate futures for September delivery were off 0.6%, trading at $76.85 per barrel, while Brent crude, the international benchmark, slipped 0.7% to $81.90.Wall Street is coming off a losing session, as an increase in oil prices weighed on equities. The Dow fell more than 460 points, or 0.9%, breaking a five-day winning run. The S&P 500 slid 0.2%, while the Nasdaq Composite dipped 0.1%. Despite Thursday's losses, stocks are headed for a second straight week of gains. The Nasdaq could post its best weekly performance since May, thanks to a bounce-back in chip stocks. The iShares Semiconductor ETF (SOXX) is higher by more than 5% this week.Investors will turn their attention to the jobs report Friday. July's nonfarm payrolls aren't expected to show much improvement, with a gain of just 83,000, and the unemployment rate staying unchanged at 4.2%. Traders will look to wage growth and participation in the labor force for clues on the job market.In Europe, the Stoxx 600 was up 0.24% in morning trade, as Germany's DAX advanced 0.48%, and the French CAC 40 rose 0.26%. The U.K.'s FTSE 100 was last seen 0.17% higher.In Asia, Japan's Nikkei 225 closed 0.12%, while South Korea's Kospi fell 0.60%. Australia's benchmark S&P/ASX 200 ended flat and mainland China's CSI 300 closed 0.93% higher. In spite of the U.S. pullback, the market outlook has brightened on many parts of the Street this week. Investors are hopeful that a deal to reopen the Strait of Hormuz will eventually bring down oil prices and curb inflation expectations. Tech has outperformed — with semiconductors rallying this week — after last month's unwinding of the momentum trade convinced many the stock market got the reset it needed for the next leg higher. Strong earnings only add to the recent confidence. "There's going to be a chase," Tom Lee, head of research at Fundstrat Global Advisors, told CNBC's "Closing Bell" on Thursday. "I think that chase takes us towards 7,900, 8,000" this month. 9 Min AgoPrecious metals on pace to wrap up a strong weekPrecious metals rallied Friday, with gold and silver on track for their strongest weekly gains in months.December gold futures climbed as high as $4,380.20 an ounce, the highest since June 17. Gold is up 6.6% this week, putting it on pace for its best weekly performance since Jan. 23.Silver has posted an even sharper advance. September futures rose as high as $64.96 an ounce, the highest since June 23, and are up 11.84% for the week. That would mark silver's biggest weekly gain since Feb. 27.— Yun Li and Gina Francolla41 Min AgoIndividual investors are suddenly more optimistic, but still below the historic average, AAII saysMore mom and pop investors are optimistic about the outlook for stocks over the coming six months, but the number is still below the historic average for the third time in four weeks, according to the latest weekly poll by the American Association of Individual Investors.Bulls rose to 37% from 31%, against an historic average of 37.5%. The percentage of those describing themselves as bearish fell to 38% from 42.2% last week, above the historic average of 31.5% for a sixth straight month (26 weeks). Investors who are neutral dropped to 25% from 26.9%, the 22nd time in 23 weeks that such balanced views were below their historic average of 31.0%.Main Street investors aren't clamoring for lower interest rates, according to a special question AAII asked this week. More than half, or 55.1%, said last week's move by the Federal Reserve to keep overnight lending rates where they are was the right move. Almost a third, or 30.6%, said the Fed should have raised interest rates. More people were unsure or had no opinion, 8.7%, than thought rates should have been cut, only 5.6%.— Scott Schnipper2 Hours AgoSpot silver gains 5%, extends 6-week highSpot silver rose 5% on Friday, extending a six-week high to $64.57 an ounce and on track for its best weekly performance since February. Silver is tracking gold higher this week after lower oil prices and soft hiring data boosted the prospects for precious metals.Traders are looking ahead to the release of the July jobs report on Friday, which will shed some light on the Fed's interest rate path. — Joseph Wilkins2 Hours AgoYen rally fades a week after U.S.-Japan intervention as focus shifts to policyOne week after the joint U.S.-Japan intervention to support the country's embattled yen, an initial rally appears to be waning as the currency drifts lower. The coordinated involvement from the Treasury and BoJ had initially lifted the yen as high as 155 to the dollar, down from just above 163 beforehand. But since then, it has wavered, giving up almost half of those gains to settle around 158.50 to the dollar, seven days after the move was announced on July 31. The yen's fundamentals remain under scrutiny, with market watchers now turning their eye to domestic policy changes rather than government-backed support measures. Read more.— Joseph Wilkins2 Hours AgoHere's the latest ahead of the opening bell on Wall StreetStock futures were mixed on Friday, with Nasdaq futures edging higher as traders await the release of the July jobs report. The major averages are heading for a second straight winning week.Oil prices ticked higher early Friday. West Texas Intermediate futures for September delivery were 0.8% higher at $77.91, while Brent crude, the international benchmark, rose 1.1% to $83.40.Gold is on track for its best week since January, after lower oil prices boosted the prospects for the yellow metal. Investors turn their attention to the jobs report Friday. July's nonfarm payrolls aren't expected to show much improvement, with a gain of just 83,000, and the unemployment rate staying unchanged at 4.2%.— Joseph Wilkins5 Hours AgoAsia-Pacific markets close mixed amid uncertainty over Hormuz shipping route Japan's Nikkei 225 closed 0.12% lower at 65,606.71, while South Korea's Kospi fell 0.60% to 6,258.77 in choppy trade. Australia's benchmark S&P/ASX 200 ended flat at 9,263.60.Hong Kong's Hang Seng index was up 0.44% as of its last hour of trade, while mainland China's CSI 300 closed 0.93% higher at 4,694.44. Market sentiment was supported by China’s exports growth in July that beat analysts' estimates.— Justina Lee 5 Hours AgoEuropean stock markets start Friday's session in the greenA trader watches her monitors on the trading floor of the Frankfurt Stock Exchange in front of the display board showing the Dax curve.Arne Dedert | dpa | Picture Alliance | Getty ImagesEuropean stock markets opened the final trading day of the week in positive territory, with the Stoxx 600 benchmark up 0.24% shortly after 8:15 a.m. in London (3:15 a.m. E.T.).The continent's major bourses all traded higher, with Germany's DAX up 0.41% in Frankfurt, while in London, the U.K. FTSE 100 added 0.22%. The Italian FTSE MIB rose 0.1% in Milan, and in Paris, France's CAC 40 was last seen almost 0.1% higher.A majority of regional sector also notched gains in early dealmaking, with European healthcare stocks leading the way, up 1.3%. Technology companies rose more than 1%. On the downside, both travel and leisure stocks and autos and parts names both retreated about 0.5%.— Hugh Leask5 Hours AgoStarlink rival beats revenue expectations but remains lossmaking Eutelsat, Europe's challenger to Elon Musk's Starlink, posted better-than-expected revenue figures on Friday but is still operating at a loss. The French firm, which produces Low Earth Orbit (LEO) ​connectivity, said the growth in its LEO business is expected to offset declines in its Geostationary Earth Orbit business.Eutelsat posted revenues of 1.24 billion euros ($1.4 billion) in the year ended in June, which is above the 1.2-billion-euro average from analysts polled by the company. However, Eutelsat was still running an operating loss of over 220 million euros and a net loss of 457 million euros.— Joseph Wilkins6 Hours AgoGold on track for best week since JanuaryGold is on track for its best week since January, after lower oil prices boosted the prospects for the yellow metal.Spot gold was last seen trading 0.7% higher at $4,271.30 per ounce, while gold futures were last seen trading 0.75% higher at $4,331.90 per ounce.This week, gold defied the bearish case to consolidate above the important $4,000 per ounce level. Traders are looking ahead to the release of the July jobs report on Friday, which will indicate the direction for interest rates.— Joseph Wilkins8 Hours AgoKirin Holdings shares rise after agreement to buy Canadian supplements maker Jamieson Wellness Shares of Kirin Holdings, a Japanese beer and beverages firm, climbed 4% on Friday after it agreed to acquire Canadian supplements maker Jamieson Wellness.In a separate statement, Jamieson Wellness said Kirin would acquire all of its issued and outstanding common shares for $45.75 Canadian dollars ($32.64) per share in cash, valuing the company at approximately C$2.0 billion on a fully diluted equity basis and C$2.5 billion on an enterprise value basis.The deal marks Kirin's latest push to expand its health supplements business, following its acquisitions of Japanese supplements maker FANCL in 2024 and Australia's Blackmores in 2023.— Jenny Lee 9 Hours AgoChina’s exports jump 23.9% in July, beating estimates; imports coolChina's exports rose more than expected in July, though growth eased from June's blistering pace, with global demand for high-tech components helping absorb the country's goods.Exports grew 23.9% in U.S. dollar terms in July from a year earlier, official customs data showed Friday, topping Reuters-polled analysts' forecast for a 22.2% growth. That slowed from June's 27% surge, which was the fastest pace since October 2021.Imports rose 27.5% last month, just shy of Reuters estimates of 27.9% in a Reuters poll, slowing from June's 36% jump — the quickest in five years.The trade surplus came in at $112.5 billion, exceeding analysts' estimates of about $107 billion, while narrowing from $125.6 billion in June, customs data showed.Chinese exporters had also been racing goods onto U.S.-bound ships ahead of an anticipated increase in tariffs. Washington applied a new 12.5% levy on Chinese products in late July, replacing a temporary 10% rate that had lapsed.— Anniek Bao 9 Hours AgoOil rises after Iran’s restrictive draft plan for the Strait of HormuzOil rose Friday amid worries over supply disruptions after Iran published a restrictive draft plan for the Strait of Hormuz.Futures for international benchmark Brent crude for October delivery gained 1.25% to $83.52 a barrel. U.S. West Texas Intermediate futures for September advanced 1.10% at $78.14 per barrel.According to the apparent draft plan published by Iran, the country would ban U.S. and Israeli ships from transiting the Strait. Until compensation is paid, other nations that have harmed Iran would not be allowed to transit, according to the draft.Conflicting accounts of bilateral engagement are muddying the progress of a deal to open the Hormuz strait. While U.S. President Donald Trump said in the Oval Office that the Iran will end "pretty soon," Tehran accused him of staging "theater diplomacy."— Justina Lee 10 Hours AgoSouth Korean solar stocks rise after Trump tariffs on polysilicon Shares of South Korean solar companies rose in early trading Friday after the White House imposed a 15% tariff, price floors and minimum import prices on polysilicon products and derivatives.The measures could provide price support for non-Chinese suppliers, Hevin Cho, analyst at Kyobo Securities said. Hanwha Solutions surged 10% and OCI Holdings gained 4%. Polysilicon produced by OCI Holdings' Malaysian subsidiary is classified as high-purity silicon containing at least 99.99% silicon by weight under tariff classification 2804.61 and is therefore exempt from the 15% tariff, Cho said. Hanwha Solutions also manufactures ingots, wafers and solar cells in the United States, leaving it relatively less exposed to the new measures, she added.China accounted for 93.2% of global polysilicon production in 2024. — Jenny Lee10 Hours AgoMainland China and Hong Kong shares open mixed ahead of trade data Mainland China and Hong Kong stocks were mixed, as investors await China trade data due later in the day. Hong Kong's Hang Seng index fell 0.35%, while mainland China's CSI 300 was 0.28% higher. The declines in Hang Seng were led by healthcare as well as education services sectors, down 0.55% and 0.54%, respectively. — Justina Lee 12 Hours AgoJapan's Nikkei 225 and South Korea's Kospi open higherAsia-Pacific markets traded broadly higher early Friday, with focus on China trade data due later in the day.Japan's Nikkei 225 added over 0.20% while the Topix rose 0.29%.The Kospi gained 0.89% at open, while the small-cap Kosdaq 0.6%. Australia's benchmark S&P/ASX 200 was 0.45% lower.— Justina Lee13 Hours AgoAsia-Pacific markets set for muted open amid higher oil pricesAsia-Pacific markets were set to open mixed on Friday, on higher oil prices after Iran published a restrictive draft plan for the Strait of Hormuz. Japan's Nikkei 225 was poised to decline slightly, with the Chicago futures contract at 65,670 and its Osaka counterpart last trading at 65,530, compared with the index's previous close of 65,683.26.Hong Kong Hang Seng index futures were last at 25,542, compared with the index's close of 25,530.28.Australia's S&P/ASX 200 futures last traded at 9,190, while the index closed at 9,271.60.According to the apparent draft plan published by Iran, the country would ban U.S. and Israeli ships from transiting the strait. Until compensation is paid, other nations that have harmed Iran would not be allowed to transit, according to the draft. Meanwhile, U.S. President Donald Trump said in the Oval Office in a reference to Iran that he thinks the war in Iran will end "pretty soon." — Justina Lee 13 Hours AgoMajor averages head for second straight winning week As of Thursday's close, stocks were on pace for a second straight week of gains. Here are where the major averages stand: The Dow Jones Industrial Average up 2.7% week to date The S&P 500 up 2.9% The Nasdaq Composite up 3.8% — Sarah Min 14 Hours AgoStocks making the biggest moves after hoursCheng Xin | Getty ImagesCheck out the companies making headlines after hours:Airbnb — Shares of the vacation rental company surged about 7% after Airbnb posted second quarter earnings of $1.37 per share on revenues of $3.61 billion. That outpaced the earnings of $1.25 on revenues of $3.58 billion forecasted by analysts, according to LSEG.Lyft — The ride-hailing company was marginally higher after posting second quarter revenues of $1.84 billion, beating the LSEG consensus estimate of $1.81 billion. Earnings of 13 cents per share, however, missed the 14 cents anticipated by analysts.DraftKings — Shares were down over 1.5% after the company fell short of expectations on revenue. DraftKings posted second quarter revenue of $1.44 billion, missing the $1.51 billion analysts polled by LSEG sought. The company also posted a loss of 14 cents per share, while the Street expected a profit of 2 cents a share. The digital sports entertainment and gaming company did reaffirm its guidance on adjusted EBITDA and revenue for the 2026 fiscal year.Read the full list here. — Sarah Min 14 Hours AgoStock futures open little changed