In the latest jobs report, out Friday, there’s some details to like and and some to be worried about. On the “maybe we should worry about this” side, the labor force participation rate — aka the percentage of Americans either working or actively looking for work — dropped to 62.4%, which is well off the recent highs of the past couple years.

Payrolls: 139,000 jobs added vs. 130,000 expected. Unemployment rate: 4.2%, the same as in April. Revisions: March, April growth revised lower by 95,000. Wage growth: Avg. hourly

In the bond market, Treasury yields gained ground. The yield on the 10-year Treasury rose to 4.47% from 4.39% late Thursday. The two-year Treasury yield, which more closely tracks traders’ expectations for what the Federal Reserve will do with overnight interest rates, rose to 4.00% from 3.92% late Thursday.

U.S. stock index futures nudged higher 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.

U.S. stock futures were modestly higher early in European trading, with the focus on monthly jobs data for May later. Stocks on Wall Street fell Thursday, with Tesla a major drag amid the intensifying war of words between President Trump and Elon Musk.