Stock futures today: Live updates

U.S. stock futures rose Friday, as Wall Street tried to recover some of this week’s steep losses. Amazon also gave a boost to tech-related shares on the back of strong quarterly results.

Nasdaq 100 futures climbed 0.9%. Futures tied to the S&P 500 advanced 0.5%, while Dow Jones Industrial Average futures gained 61 points, or 0.2%.

Amazon added nearly 6% after the e-commerce giant trounced analysts’ expectations for revenue and earnings in the third quarter. Other megacap stocks such as Alphabet and Microsoft followed Amazon shares higher in the premarket.

Ford dropped 3%, however, after the company missed third-quarter earnings expectations and pulled its guidance for the year, citing the UAW strike.

Wall Street is coming off a tough session, with the S&P 500 and Nasdaq Composite losing more than 1% each on Thursday, with the latter falling deeper into correction territory. The Dow lost more than 250 points.

Those losses put the major averages on track for steep weekly losses. The Dow and S&P 500 are down 1% and 2%, respectively, for the week. The Nasdaq has fallen 3% in that time/

Further downside could be ahead for the market, rather than a year-end rally, according to Sonia Meskin, head of U.S. macro at BNY Mellon Investment Management. “We’re actually a bit less sanguine on equities,” she said on CNBC’s “Closing Bell.” “We think around 4,000 for the S&P [year end] is our central expectation.” She noted that there is some uncertainty around this view, however.

Investors are looking ahead to what could be the next catalyst for stocks on Friday: the personal consumption expenditures reading for September. The PCE is the Federal Reserve’s preferred inflation gauge. Economists are calling for a core PCE increase of 0.3% in September, and a year over year increase of 3.7%, according to Dow Jones.