Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2023.
The yield on the 10-year Treasury note dropped further to a two-month low on Friday and was last at 4.4082%.
Most megacap stocks edged higher in premarket trading, with Amazon.com (AMZN.O) and Nvidia (NVDA.O) up 0.5% and 0.3% respectively.
On the economic data front, markets will monitor the housing starts data for October, scheduled for release at 8:30 a.m.
ET, Dow e-minis were up 93 points, or 0.27%, S&P 500 e-minis were up 10.75 points, or 0.24%, and Nasdaq 100 e-minis were up 6.5 points, or 0.04%.
Persons:
Brendan McDermid, Russell, Mohit Kumar, Austan Goolsbee, Rick Wilmer, Shristi Achar, Maju Samuel
Organizations:
New York Stock Exchange, REUTERS, Dow, Nasdaq, Federal Reserve, Nvidia, Materials, Jefferies, Chicago Fed, Dow e, Old Navy, ChargePoint Holdings, Thomson
Locations:
New York City, U.S, Europe, Bengaluru