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STOCK MARKET NEWS: Futures gain, hiring may have slowed in October

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Musk’s plan for Twitter layoffs and lawsuit remain unclear. General Mills, Audi pause Twitter ads. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

U.S. equity futures traded higher ahead of the October jobs report, the most anticipated piece of data for the month.Oil prices traded higher on Friday as the dollar eased, but gains were capped by recession fears and fresh concerns that COVID outbreaks will dent fuel demand in China.

Brent crude futures traded around $96.00 a barrel. The contract was on track to end the week down just 0.5%. DoorDash shares are 11% higher in premarket trading after the food delivery company said orders surged to a record high in the third quarter as people stuck to their pandemic-era habits despite rising inflation and steeper prices, helping it beat Wall Street targets for revenue.

 

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