Stock Market Today: Indexes look at a cool open | Official Website of Louis Velazquez, entrepreneur, finance guy and tech innovator

Stocks look to open lower on Friday as traders continue to worry about trade disputes and earnings.

A lower open does not necessarily mean stocks will end the day lower. Early unease on Thursday was followed by a big rally in the afternoon.

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Moreover, surprisingly strong results from Google-parent Alphabet (GOOGL) on Thursday cheered investors. The shares were up 3.8% to $165.44 ahead of the open.

If the premarket price holds, Alphabet’s loss for the year — 15.9% as of Thursday’s close — would drop to 12.6%.

Ahead of the open, the Standard & Poor’s 500 Index was looking at a small loss. The Nasdaq Composite Index was signaling a 30-point loss. The Dow Jones industrials were looking at a 134-point fall.

The 10-year Treasury yield, a key determinant of mortgage rates, was at 4.28%, down from 4.325% on Thursday.

Crude oil was off 89 cents to $61.90 a barrel as worries build that a potential thaw in U.S,-trade relations weighed on markets.

Traders work on the floor of the New York Stock Exchange on Tuesday.

Michael M&period; Santiago/Getty Images

Choppy investing environment

While Alphabet’s earnings delighted many, others disappointed.

Intel (INTC) was off 7% premarket to $21.49 on a weak business outlook. The chip maker has been struggling to find a niche in the world of artificial intelligence.

Footwear company Skechers (SKX) was down 5.6% to $47.65 after the company withdrew its guidance because of tariff concerns.

Many airlines have withdrawn guidance because of falling domestic bookings, and worries foreign travel to the U.S. will fall this year.

Key consumer sentiment report due

If there is a downside risk to the market today it may the final results on the University of Michigan’s Consumer Sentiment Index, due this morning. The reports, released in two pieces each month, have consistently shown in the past few months that consumers are worried about the state of the economy.

More Wall Street Analysts:

Trump claims 200 trade deals done

Getting buzz today was a Time magazine interview with President Donald Trump. The interview took place on Tuesday.

Trump claimed the administration has cut 200 trade deals, although he did not offer details on which countries are involved. Announcements might come in three or four weeks.

He also said China President Xi Jinping has called, although the Chinese government denied the assertion.

Ahead of the open, the S&P 500 is up 3.8% on the week. The Nasdaq Composite Index is 5.4%, and the Dow is up 2.4%.

Next week includes major earnings from Apple (AAPL) , Amazon.com (AMZN) , Microsoft (MSFT) and Facebook parent Meta Platforms (META) .

The week will end with the March jobs report.