U.S. stock futures edged higher on Friday as investors sought a modest rebound following the prior session’s steepest Wall Street decline in three weeks. Dow futures added 0.3%, S&P 500 futures rose 0.3%, and Nasdaq 100 futures advanced 0.6% by 05:53 ET.
Ross Stores led premarket movers after raising its annual earnings guidance and projecting stronger comparable-store sales. Shares jumped 8.6% to $248.77, recovering from a 3% decline over the prior two sessions. The off-price retailer lifted its full-year EPS forecast to $8.61–$8.77 from $7.50–$7.74, while third-quarter comparable sales are expected to rise 6%–7% versus a 3.1% consensus. Fourth-quarter sales growth is projected at 4%–5%, ahead of the 2.6% estimate. Second-quarter revenue rose 13% year-over-year to $6.26 billion, topping LSEG estimates of $6.18 billion.
O-I Glass climbed 6.6% in premarket trading after Citi upgraded the glass packaging producer to Buy from Neutral and raised its price target to $9 from $8. Shares remained down 52% over the past year, trading near a 52-week low of $6.29.
Flowers Foods fell 4.2% after reporting weaker-than-expected second-quarter results. Adjusted diluted earnings were $0.21 per share for the 12-week period ended July 18, missing the $0.24 consensus. Revenue totaled $1.19 billion, below the $1.24 billion estimate, while adjusted EBITDA declined 19.2% to $111.3 million. The stock has lost more than half its value over the past year.
Crypto-linked equities surged as Bitcoin extended its rebound following President Donald Trump’s call for clearer digital asset regulations. Bitcoin rose 8.9% to $78,135.60, briefly touching $79,600.60 and breaking out of the $60,000–$70,000 range that had contained trading for much of 2026. Strategy led crypto-stock gains with a 10.2% advance, followed by Coinbase at 6.8%, Circle Internet Group at 6.4%, MARA Holdings at 5.4%, Galaxy Digital at 5%, Robinhood Markets at 4.7%, Riot Platforms at 3.7%, and Hut 8 at 2.4%.
