Stocks: Holding steady after a steep slide

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NEW YORK (CNNMoney)

U.S. stock futures edged slightly higher early Friday morning.

Now in its fourth day, the U.S. government shutdown has created plenty of uncertainty amongst investors and left an estimated 800,000 federal employees off the job.

The government's monthly jobs report, originally scheduled to come out Friday morning, will not be released due to the shutdown. This release is among the most influential economic reports in the world and tends to set the market tone.

Related: Fear & Greed Index

Investors also continue to worry about the U.S. hitting its debt ceiling. Failure to raise the debt limit is likely to have a significant impact on the global economy, as well as stocks, bonds and currency markets.

U.S. stocks fell sharply Thursday. The Dow Jones Industrial Average and the S&P 500 have dropped for nine of the past 11 trading days.

Meanwhile, Twitter filed public documents on its $1 billion initial public offering after the bell on Thursday, revealing that it's still unprofitable.

European markets were mixed in morning trading.

The major Asian markets ended with losses. The Nikkei in Japan shed nearly 1% after the Bank of Japan wrapped up its two-day monetary policy meeting and opted to maintain its stimulus measures.

The Shanghai Stock Exchange was closed for the National Day celebration.

First Published: October 4, 2013: 5:25 AM ET

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