US futures mostly higher ahead of the open; US bank earnings loom

  • On Friday, a number of U.S. banks are due to report their latest earnings, including Citigroup, J.P. Morgan Chase and Wells Fargo.
  • On the data front, consumer sentiment and the job openings and labor turnover survey (JOLTS) are both due out at 10 a.m. ET.

U.S. stock index futures posted minor gains ahead of Friday's open, with a slew of corporate earnings due to be published.

Around 5:15 a.m. ET, Dow futures rose 30 points, indicating an uptick of 40.95 points at the open. The Nasdaq and the S&P 500 futures indicated a mixed start to Friday's session for their respective markets.

Michael Nagle | Bloomberg | Getty Images

The moves in pre-market trade come after Wall Street finished its previous session in the black. On Thursday, the Dow Jones industrial average gained 293.60 points to close at 24,483.05, after President Donald Trump clarified his position on a possible missile attack in Syria.

Markets have been on edge in recent days after Trump appeared to criticize the Kremlin for its supporting Syrian President Bashar Assad, following a suspected chemical attack last weekend.

Facebook remains in the spotlight. Earlier this week, CEO Mark Zuckerberg testified twice on Capitol Hill, where he faced questions surrounding the social media giant's guiding principles and legal obligations. The company has suffered a wave of bad press following allegations that research firm Cambridge Analytica had improperly gained access to the personal information of up to 87 million users.

On Friday, a number of U.S. banks are due to report their latest earnings, including Citigroup, J.P. Morgan Chase and Wells Fargo.

Vote
Vote to see results
Total Votes:

Not a Scientific Survey. Results may not total 100% due to rounding.

On the data front, consumer sentiment and the job openings and labor turnover survey (JOLTS) are both due out at 10 a.m. ET. Meanwhile, three officials from the U.S. Federal Reserve are due to deliver remarks at separate events.

Overseas, international markets posted minor gains Friday, as concerns surrounding Syria eased somewhat.