September S&P 500 E-Mini futures (ESU26) are up +0.25%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.55% this morning, rebounding from yesterday’s losses, while investors await the key U.S. jobs report for fresh clues on the Federal Reserve’s policy path.
A wave of positive corporate earnings reports is supporting stock index futures on Friday. Atlassian Corp. (TEAM) is up over +32% in pre-market trading after the collaborative software maker posted stronger-than-expected FQ4 results and issued above-consensus FQ1 revenue guidance. Also, Cloudflare (NET) is up more than +16% in pre-market trading after the cybersecurity company posted upbeat Q2 results and raised its full-year guidance. In addition, Microchip Technology (MCHP) is up over +9% in pre-market trading after the semiconductor company reported better-than-expected FQ1 results and issued FQ2 guidance that smashed Wall Street’s estimates.
