(Reuters). – U.S. stocks index futures rose on Friday, as Amazon.com Inc (NASDAQ) reported strong holiday earnings. This was a turnaround after a volatile week with mixed results from Big Tech companies.

Premarket trading witnessed 12.7% increase in stock prices at the largest retail company worldwide. The retailer plans to increase the cost of its U.S Prime subscriptions to compensate for higher costs.

After Meta Platforms Inc, the owner of Facebook plunged 26% on Thursday following a dire outlook. The stock market failed to rebound from negative earnings reports by other megacap growth firms like Alphabet (NASDAQ) Inc. Microsoft Corp (NASDAQ:).

Meta, Apple Inc (NASDAQ) and Netflix Inc (NASDAQ), firm up between 0.4% to 1.8%.

At 5:09 am. ET were up 36 point, or 0.1%. They were also up 24.75 points or 0.55% and up 180 points or 1.24%.

On Friday, the Labor Department will release its monthly nonfarm payrolls statistics. They are expected to reveal that U.S. job growth was slowing in January due to COVID-19-related infections.

At 8:30 a.m., the data will be made public. ET (1330 GMT).

“Investors will likely look past what is sure to be a weak jobs report,” said Bryce Doty, portfolio manager at Sit Fixed Income Advisors.

Investors shouldn’t dwell on January’s economic data too much because of slow COVID-19 case resolutions and an unlikely Fed to deter it from raising rates.