The U.S. stock market is poised for a volatile day on Friday, with futures for major indices including the S&P 500, Dow Jones, Nasdaq, and Russell 2000 declining in pre-market trading. The CBOE Volatility Index (VIX) has fallen to 15.40, indicating reduced market fear. On Thursday, the S&P 500 gained 0.4%, marking its 10th increase in 11 days, while the Dow Jones Industrial Average surged by 874 points (1.7%) to a record high. Investors are particularly focused on the upcoming May jobs report, set to be released at 8:30 a.m. ET, which will shed light on the economy's health amid inflation worries. In the commodities market, oil prices have seen significant declines, with Brent crude futures down to $95.24 per barrel, influenced by geopolitical tensions involving the U.S. and Israel. Additionally, gold prices dropped by 0.48% to $4,483.20. The U.S. dollar remained stable against major currencies, while Treasury yields fell, with the 10-year note yielding 4.477%.