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Stock futures rose on Friday as traders awaited the release of the July jobs report.
Futures for the Dow picked up 47 points, or 0.1%, to 54,060.
Futures for the S&P 500 gained 17.25 points, or 0.3%, to 7,752.
Futures for the NASDAQ Composite popped 153.50 points, or 0.5%, to 29,643,50.
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.
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.
In Japan, the Nikkei 225 dipped 0.1% Friday, while in Hong Kong, the Hang Seng gained 0.5%.
Oil prices sank 42 cents to $76.87 U.S. a barrel.
Gold prices surged $81.70 to $4,381.30 U.S an ounce.
