Benzinga·2025-12-05 10:28Market Overview - U.S. stock futures showed mixed performance after a mixed close on Thursday, with major indices fluctuating [1] - Investors are awaiting the September PCE price index, a key inflation measure delayed by a government shutdown [1] Employment Data - U.S. job cuts decreased by 53% month-over-month in November, totaling 71,321, which is still 24% higher than the previous year, indicating a cautious labor market [2] - The 10-year Treasury bond yield is at 4.11%, while the two-year bond yield is at 3.53%, with an 87% likelihood of a Federal Reserve interest rate cut in December [2] Stock Performance - Netflix Inc. (NASDAQ:NFLX) fell 0.52% in premarket trading despite winning a bidding war, with a weaker price trend noted [6] - Hewlett Packard Enterprise Co. (NYSE:HPE) dropped 9.17% after mixed Q4 results and weak Q1 guidance, with revenue at $9.68 billion, below estimates [6] - Cooper Companies Inc. (NASDAQ:COO) rose 12.94% after exceeding Q4 expectations and providing strong FY26 guidance, maintaining a stronger price trend [6] - Zumiez Inc. (NASDAQ:ZUMZ) increased by 14.09% after reporting strong Q3 results and a positive Q4 outlook, showing a stronger price trend [14] - SMX (Security Matters) PLC (NASDAQ:SMX) surged 43.52% after approving all proposals at its annual general meeting, although it has a weaker price trend in the medium and long term [14] Sector Performance - Industrials and information technology sectors closed higher, while consumer staples, healthcare, and consumer discretionary sectors faced significant losses [8] - The Nasdaq Composite gained around 50 points ahead of the anticipated Federal Reserve rate cut [8] Economic Indicators - Upcoming economic data includes September's personal income, spending, and PCE Index, with releases scheduled for 8:30 a.m. ET [13] - December's preliminary consumer sentiment data will be available at 10:00 a.m., and consumer credit data for October will be released at 3:00 p.m. ET [15] Commodities and Global Markets - Crude oil futures increased by 0.08% to approximately $59.72 per barrel, while gold prices rose by 0.36% to around $4,224.10 per ounce [16] - Asian markets closed higher, except for Japan's Nikkei 225, with European markets also showing gains in early trade [17]