India, May 8 -- The renewed tensions between US and Iran in the Middle East might be influencing investor sentiments on Friday, however, Wall Street might open moderately up.
U.S. President Donald Trump asked to continue the ceasefire, while Iran reportedly activated its air defense systems, raising concerns in the region.
Crude oil prices are gaining. Brent crude futures climbed toward $101 a barrel. Gold traded higher above $4,700 an ounce in as the dollar index struggled around the 98 mark.
Investors might be looking ahead to the U.S. non-farm payrolls report. Analysts expect an increase of 62,000 jobs in the month, down from 178,000 in March. Unemployment is expected at 4.3 percent.
As of 8.00 am ET, the Dow futures were adding 163....