The Market Is Open And The Dow Is Up
The Dow is up 34 points, the S&P 500 is up a point, while the Nasdaq is down 22 points.
After Thursday's sharp sell off that saw the Dow lose more than 330 points, stocks were set to open lower for much of the morning, with US stock futures down more than 1% across the board at one point.
Overnight in Asia, stocks took their lead from US stocks, with the Hang Seng in Hong Kong falling more than 2% and Japan's Nikkei falling more than 1%.
Stocks are also lower in Europe, with Germany's DAX seeing the largest loss, falling more than 1%, while stocks in London and Paris are down more than 0.8% each.
In stock news, shares of Tesla are down about 5% after the company last night unveiled a new all-wheel drive model.
Blackstone also announced that it is spinning off its advisory business.
After Thursday's sharp sell off, traders are watching for a number of technical indicators on Friday given that there is little in the way of economic news, with UBS' Art Cashin telling King World News that if the S&P 500 stays below 1,925 it could "cascade" down to 1,900 or 1,905.
In early trade on Friday, the S&P 500 was at around 1,929.