Following the rally seen over the course of the previous session, stocks may move back to the downside in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.4 percent.
A negative reaction to earnings news from Intel (INTC) is likely to weigh on Wall Street, with the semiconductor giant plunging by 9.8 percent in pre-market trading.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.