Netflix, Alcoa fall premarket; Autoliv climbs

U.S. stock futures rose Friday as hopes for détente in the Middle East extended a weeklong rally, with Dow futures up about 161 points and S&P/Nasdaq futures also higher. In premarket movers, Netflix fell sharply after revenue-growth guidance missed expectations and Chairman Reed Hastings said he will not seek re-election to the board, weighing on media-related sentiment. Aluminum producer Alcoa slipped after weaker-than-expected Q1 profit and revenue due to higher costs and softer demand. By contrast, Autoliv jumped after reporting stronger-than-anticipated first-quarter results. Overall the piece highlights mixed stock-specific drivers within a broadly positive futures backdrop driven by geopolitical optimism.