(Reuters) -U.S. stock index futures edged up on Friday as investors awaited monthly payrolls data, while Tesla shares rebounded on signs of cooling tensions between CEO Elon Musk and U.S. President Donald Trump.
Shares of the electric carmaker rose 5.4% in premarket trading after plunging about 15% on Thursday following Trump’s public feud with Musk, including threats to cut off government contracts with Musk’s companies.
Tesla shed about $150 billion in market value on Thursday, weighing on Wall Street indexes. White House aides scheduled a call between Trump and Musk for Friday, Politico reported, likely to ease the feuding after an extraordinary day of hostilities.
A slew of soft economic data this week has raised concerns about an economic slowdown caused by trade uncertainties, wit