Futures for U.S. markets were in the red late Thursday as investors wonder if the Trump rally hasn't rallied enough.
The S&P 500 was off 0.16%, the Dow Jones Industrials 0.15% and Nasdaq 0.17% at 9:23 p.m. EST.
U.S. markets ended the first trading day of the month mixed, with tech stocks off strongly, as investors wondered if earnings and economic data supported recent gains. The market will now watch for the jobs report Friday, but some analysts said a strong report has already been priced in, meaning a miss could hurt indexes.
The S&P lost 0.35% Thursday while the Dow gained 0.36%. The tech-laden Nasdaq pared 1.36%. Europe also suffered from negative sentiment with Germany's Dax off 1%, the Cac in Paris 0.39% and London's FTSE 0.45%.
It's little surprise then that Asia also opened the final trading day of the week lower with the Nikkei in Japan losing 0.6%, the Hang Seng in Hong Kong 0.76%, the Kospi in South Korea 0.51% and the ASX in Australia 0.59% at 6 p.m. EST.
In energy, oil gave back some of the gains from OPEC's Wednesday meeting with industry standard Brent crude down 0.78%, to $53.52, and West Texas crude off 0.51%, at $50.80, at 9:03 p.m. The prices represent futures for delivery in February and January, respectively.
A pound was worth $1.2597 at 9:21 p.m. EST, an increase of 0.02%, while the yen slipped 0.279% against the dollar to ¥113.833.
In after-hours trade, shares of Five Below(FIVE) - Get Report went above with stock in the retailer gaining 11.13%, to $44.324, after its third-quarter earnings beat expectations. Philadelphia-based Five Below said revenue rose 18%, to $199.5 million, last quarter, with earnings per share of 10 cents, compared with 8 cents in Q3 of 2015. FactSet analysts had expected sales of $201 million resulting in EPS of 9 cents.
Investors decaffeinated Starbucks' (SBUX) - Get Report shares in extended trading, pushing them 3.26% lower to $56.60, after the coffee giant announced long-standing CEO Howard Schultz would relegate his position to COO Kevin Johnson on April 3. The visionary leader of Starbucks, who was CEO from 1987 to 2000 and then again from 2008 until now, will assume the role of executive chairman of Starbucks, shifting his focus to innovation, design and development of the chain's high-end roastery concept.
Action Alerts PLUS, which Cramer co-manages as a charitable trust, is long SBUX.