Stock futures were lower Friday morning, as Wall Street headed for a losing week amid concern that the Federal Reserve could raise rates more than expected. Dow Jones Industrial Average futures dipped 49 points, or 0.1%. Futures tied to the S&P 500 and Nasdaq 100 futures rose 0.1% and 0.2% respectively. Shares of e-signature stock DocuSign rose 3% in the premarket after the company beat second-quarter estimates on the top and bottom lines and posted rosy third-quarter guidance. RH dropped 8% as the home furnishings company reported soft guidance for third-quarter revenue. Heading into Friday’s session, the Dow and S&P 500 were down nearly 1% and 1.4%, respectively, for the week. The Nasdaq has lost 2% in that time. Renewed fears over more rate hikes from the Federal Reserve were further justified as initial jobless claims came in at 216,000 — lower than the 230,000 anticipated by economists polled by Dow Jones. Investors are calling for roughly 1 in 2 odds that policy makers will raise rates in November as of Thursday night, per the CME Fed Watch tool. “August was a difficult month, with weak data, and September may be the same,” said Brad McMillan, chief investment officer at Commonwealth Financial Network. ”Beyond that, though, the prospects remain good. Any recession is likely some time away, which should keep markets healthy.” The tech-heavy Nasdaq Composite on Thursday suffered a fourth consecutive day of declines, slumping nearly 0.9%. The S&P 500 lost 0.3%, falling a third day. The 30-stock Dow was the outlier, rising by about 0.2%, or 57.54 points. U.S. Treasury yields fell on Friday as investors fretted over the possibility of further interest rate hikes following the release of fresh economic data. At 6:39 a.m. ET, the yield on the 10-year Treasury was down by more than 1 basis point at 4.246%. The 2-year Treasury yield was also over 1 basis point lower at 4.942%. Asia-Pacific markets were lower on Friday as Japan released revised second quarter gross domestic product figures. Hong Kong cancelled trade for the whole day due to a storm warning. Japan’s Nikkei 225 extended losses from Thursday and fell 1.16%, closing at 32,606.84 to erase its past week’s gains. The Topix was down 1.02% and finished at 2,359.02. Japan’s economy grew 4.8% in the second quarter on a quarter-on-quarter annualized basis, a smaller growth than the 6% seen in the preliminary estimates and lower than the 5.5% expected in a Reuters poll. Hong Kong’s exchange cancelled trading on Friday after a “black rainstorm” warning as the Asian financial hub saw its heaviest rainfall in 140 years. Under Hong Kong Exchange guidelines, if the black rainstorm signal is not lifted after 12 p.m., there will be no trading for the day. Mainland Chinese markets were in negative territory, with the CSI 300 down 0.49% and ending the day at 3,739.99. In Australia, the S&P/ASX 200 ended down 0.2% at 7,156.7 and notched its fourth straight day of losses. South Korea’s Kospi slid 0.02% and closed at 2,547.68, while the Kosdaq bucked the wider trend and gained 0.86% to end at 914.18. Oil prices hovered above $90 a barrel on Friday, on track to end the week higher as investors chose to focus on tighter supply, despite broader macroeconomic uncertainty. Both oil benchmarks hit 10-month highs this week after Riyadh and Moscow extended their voluntary supply cuts of a combined 1.3 million barrels per day (bpd) to the end of the year. However, both benchmarks ended Thursday slightly lower amid volatile trade on multiple signals warning of weaker demand in the coming months. Traders who took some profit yesterday are back as they believe that the path of least resistance is certainly skewed to the upside, and oil prices are well on track to close another week in positive territory, said Naeem Aslam of Zaye Capital Markets. Saudi Arabia will probably find it difficult to end its cuts at the end of the year without triggering an unwanted price slide, Commerzbank analysts added in a note. Brent crude futures were up 71 cents to $90.63 a barrel, while U.S. West Texas Intermediate crude (WTI) futures were up 65 cents to $87.52 a barrel. Gold firmed on Friday as the dollar came off six-month highs but bullion was still en route to a weekly fall on chances of one more U.S. interest rate hikes this year. Spot gold was up 0.2% to $1,922.94 per ounce but was set for a 0.8% weekly fall. U.S. gold futures rose 0.2% to $1,947.10.