Pre-open mover

US stock futures traded mixed in early premarket trading on Friday after posting losses for the week, month and quarter. The Dow Jones settled below 29,000 for the first time since November 2020, while the S&P 500 index also posted its worst month since March 2020.
The 30-stock index fell 6.7% in the third quarter, also posting a third straight quarter of losses for the first time since 2015. In September, the Dow fell 8.8% while the S&P 500 fell 9.3%.

The S&P Global Manufacturing PMI for September is scheduled to be released at 9:45 am ET, while the ISM Manufacturing PMI for September is scheduled to be released at 10:00 am ET. The ISM manufacturing index could edge up to 52.9 in September from 52.8 in August. August construction spend data will be released at 10:00 am ET. Analysts expect construction spending to fall 0.3% in August after falling 0.4% in the previous month.

Federal Reserve Bank of Richmond President Thomas Barkin will speak at 11:45 a.m. ET, while Kansas City Federal Reserve Bank President Esther George will speak at 2:15 p.m. ET.

Watch this: Dow falls 500 points, market volatility continues to rise

Futures on the Dow Jones Industrial Average rose 43 points to 28,844.00, while futures on the Standard & Poor’s 500 Index fell 4 points to 3,597.50. Futures for the Nasdaq index fell 65.25 points to 10,970.25.

raw materials

oil prices was traded higher as Brent crude futures rose 3.9% to $88.45 a barrel, while US WTI crude futures rose 4.1% to $82.72 a barrel. The total number of active US oil rigs rose 2 this week to 604 rigs, Baker Hughes Inc reported on Friday.

Gold futures fell 0.1% to trade at $1,670.60 an ounce, while silver futures were down 1.8% at $19.39 an ounce on Monday.

A look at the global markets

Europe markets

European markets were lower today. The STOXX Europe 600 index fell 1.2%, London’s FTSE 100 fell 1.1%, while Spain’s IBEX 35 index fell 0.6%. The French…