Stock futures rose slightly in morning trading Friday ahead of the highly anticipated October jobs report.
Futures for the Dow Jones Industrials took on 40 points, or 0.1%, to 36,049.
Futures for the S&P 500 gained 11 points, or 0.2%, to 4,684.25
Futures for the NASDAQ Composite Index jumped 31.25 points, or 0.2%, to 16,362.
All three major averages are on track to end the week higher. The Dow is up 0.9% on the week, while the S&P 500 is 1.6% higher and the NASDAQ Composite is up 2.9%.
A major development in the fight against the pandemic boosted shares of Pfizer, which rose more than 9% pre-market, after the company said its COVID-19 drug, used with an HIV drug, cut the risk of hospitalization by 89%.
Peloton shares cratered more than 32% in pre-market trading after the fitness platform and maker of interactive treadmills and exercise bikes reported a much larger loss than expected and cut its full-year outlook as fitness buffs headed back to the gym and away from at-home workouts.
The company also cited ongoing supply chain challenges for its "challenged visibility" over the near term that CEO John Foley said is causing the company to lower its expectations.
Recovery stock Expedia saw its shares roar higher by 11.6% pre-market a day after the company said renewed travel demand boosted its top and bottom lines higher than analysts had expected.
Overseas, in Japan, the Nikkei 225 sank 0.6%, while Hong Kong, the Hang Seng declined 1.4%.
Oil prices hiked 99 cents to $79.80 U.S. a barrel.
Gold prices fell 20 cents to $1,793.30 U.S. an ounce.