US Futures Rise Ahead of Economic Data and Global Unrest
US futures rose Friday as investors awaited economic data amid Middle East unrest. Markets remain cautious over private credit and rising energy costs.
United States stock index futures showed marginal gains in volatile trading on Friday morning as investors awaited critical economic reports. Despite the slight uptick, major averages remained on track for their third consecutive weekly decline, pressured by escalating tensions in the Middle East and concerns over the private credit market.
Market participants are bracing for a wave of data scheduled for release at 8:30 a.m. ET, including January figures for durable goods and personal consumption expenditures, alongside the second estimate for fourth-quarter gross domestic product. Later in the morning, reports on January job openings and the initial March consumer sentiment reading are expected to provide further clarity on the health of the economy.
