This is what we are seeing ahead of the trading action on Friday.
–US stock futures tumbled Friday, putting the S&P 500 on track to end the week with moderate gains after setting its ninth closing record for 2021.
S&P 500 futures fell 0.3%, pointing to a decline after the opening bell. Contracts linked to the Nasdaq-100 index fell 0.3%, suggesting that technology stocks may also fall. Read our full market overview.
–Consumer Sentiment Index from University of Michigan For the first weeks of February, at 10 am ET, it is expected to rise to 80.8 from 79.0 in late January.
Market drivers to follow
“Save Baby Yoda.” Walt Disney shares were up 0.9% before the bell after the entertainment giant reported a first-quarter profit as its flagship streaming service Disney + added more than 21 million new subscribers during the term. But the pandemic continued to affect results in the company’s theme park and movie distribution segments.