Stocks struggle as earnings disappoint and jobless claims rise.

Stock futures were mixed in pre-market trading as investors assessed the final batch of corporate earnings for the week. Futures tied to the S&P 500 fell 0.19%, while futures on the Dow Jones Industrial Average dropped 31 points, or 0.09%. Futures on the Nasdaq Composite were down 0.37%. Procter & Gamble raised its forecast for 2023 organic sales growth to 6%, up from a prior guidance of 4% to 5%. Oil futures steadied with Brent Crude prices sitting just over $81 a barrel. Cleveland Fed President Loretta Mester said interest rates need to raise above 5% given stubborn inflation.