Updated from 7:41 a.m. ET, Friday, Aug. 4. 

Stock futures were mixed on Friday, Aug. 4, after a reading on the U.S. labor market showed higher job additions in July but in-line wage growth. 

Dow Jones Industrial Average futures were up 0.22%, S&P 500 futures rose 0.11%, and Nasdaq futures gained 0.13%.

The U.S. economy added more jobs than anticipated in July. Nonfarm payrolls rose by 209,000 last month, according to the Labor Department, above consensus of 180,000. The June jobs number was revised to 231,000 from 222,000, though the May figure was cut to 145,000 from 152,000. 

The unemployment rate decreased by 10 basis points to 4.3%, as expected, matching the 16-year low reached in May. Average hourly earnings increased 0.3% month over month, in-line with estimates, and were up 2.5% over the past 12 months. 

  • 'Show Me the Money:' Why Payroll Growth Is Critical in U.S. Jobs Data

The U.S. trade deficit decreased by 5.9% in June to $43.6 billion. Exports increased 1.2% to $194.4 billion, while imports slipped by 0.2% to $238 billion. 

The Dow's barely-there gains on Thursday, Aug. 3, were enough for the blue-chip index to secure a record close for its seventh day in a row. The Dow was up 0.04% to 22,026. Any gain would have put the index at records. The seven-day streak matches a similar streak seen from Feb. 9-17.

GoPro Inc. (GPRO) - Get Report  was sharply higher on an upbeat outlook for its third quarter. The action camera maker expects a net loss of 6 cents to a profit of 5 cents a share over its third quarter, better than an anticipated loss of 12 cents a share. Third-quarter revenue estimates of $290 million to $310 million also came in above $278.5 million consensus. 

Automatic Data Processing Inc. (ADP) - Get Report rose more than 2% on Friday after the company confirmed interest from Bill Ackman's Pershing Square. Activist investor Pershing is reportedly seeking control of the company by way of five board seats and a change in chief executive leadership. ADP has said Pershing's requests are not in the company's best interests and that it has a "strong and independent board."

Weight Watchers International Inc. (WTW) - Get Report  rocketed 20% higher after posting growth in earnings and revenue over its second quarter. The weight loss company earned 67 cents a share, higher than 46 cents a share in the year-ago quarter, while revenue increased 10% to $341.7 million. Analysts anticipated earnings of 51 cents a share on $334 million in revenue. 

Shake Shack Inc. (SHAK) - Get Report moved lower in premarket trading Friday after guiding for a weaker 2017 than anticipated. The burger chain estimates full-year sales no higher than $355 million, below an expected $356.7 million. Shake Shack guides for full-year same-store sales to contract by 2% to 3%, surprising analysts looking for a 0.3% increase. 

Yelp Inc. (YELP) - Get Report  rocketed 20% after a better-than-expected quarter and after selling its Eat24 delivery service to GrubHub Inc. (GRUB) - Get Report for $287.5 million, roughly double the price it paid around two years ago. The online-ratings business also reported second-quarter net income of 9 cents a share, higher than one cent a share a year earlier. Analysts anticipated earnings of 8 cents a share. Revenue of $208.9 million exceeded estimates of $205 million. 

Kraft Heinz Co. (KHC) - Get Report  reported a mixed quarter in which it beat on the bottom-line but missed on the top. Net income rose to 94 cents a share from 63 cents in the year-ago quarter. Adjusted earnings of 98 cents a share exceeded estimates of 85 cents. Revenue of $6.68 billion missed consensus of $6.73 billion. The company's board bumped up its quarterly dividend to 62.5 cents a share, up form 60 cents. 

Other earnings of note include Activision Blizzard Inc. (ATVI) - Get Report , Alleghany Corp. (Y) - Get Report , Caesars Entertainment Corp.  (CZR) - Get Report , El Pollo Loco Holdings Inc. (LOCO) - Get Report , Etsy Inc. (ETSY) - Get Report , Tivo Corp. (TIVO) - Get Report , Viacom Inc. (VIAB) - Get Report , The Western Union Company (WU) - Get Report , Revlon Inc. (REV) - Get Report , Potbelly Corp. (PBPB) - Get Report , Newell Brands Inc. (NWL) - Get Report , and Cigna Corp. (CI) - Get Report .

Crude oil prices were lower ahead of weekly drilling activity data to be released Friday afternoon. A weekly count on active oil rigs drilling for crude in the U.S. will be released by Baker Hughes at 1 p.m.

West Texas Intermediate was down 0.4% to $48.82 a barrel on Friday morning.

Toyota Motor Co. (TM) - Get Report plans to take a stake in rival Mazda Motor Corp. (MZDAY) and the Japanese automakers said they will jointly invest in a new U.S. production plant that could create 4,000 new jobs. The $1.6 billion facility, when completed in 2021, will be capable of producing as many as 300,000 cars a year, the companies said. Toyota's plant in Georgetown, Ky., has the capacity to make 550,000 cars a year. 

  • Toyota and Mazda Set to Invest $1.6 Billion in U.S. Plant; Create 4,000 Jobs

Toyota shares fell more than 1% in premarket trading on news of the deal. The world's second-largest carmaker also posted better-than-expected first-quarter earnings on Friday and raised its fiscal full-year outlook for profit and revenue. Net profit in the first quarter rose 11% as global sales jumped in the period. Toyota said it sold 2.2 million vehicles during the quarter, an improvement of 42,000 from a year earlier. 

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