Stocks are rallying

Stocks futures are higher after Thursday’s lower close that briefly turned the Dow negative for the year.

Near 9:31 a.m. ET, the Dow was up 115 points, the S&P 500 was up 18 points, and the Nasdaq was up 9 points.

On Thursday night, Elon Musk finally unveiled Tesla Energy,” which the company describes as “a suite of batteries for homes, businesses, and utilities fostering a clean energy ecosystem and helping wean the world off fossil fuels.”

LinkedIn shares are still getting smoked, down by up to 17% in early trading, after it gave revenue guidance below expectations in its earnings report Thursday.

There’s lots of economic data coming through on Friday.

Auto sales figures for April are rolling in throughout the morning. Ford, Fiat Chrysler, and Nissan have all posted numbers below expectations.

And, the latest manufacturing data from ISM and Markit are also due to cross.

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