US stock futures posted modest gains Friday amid reports that Washington and Beijing are poised to resume negotiations on trade in mid-October.
Dow futures increased 0.2%, S&P futures gained 0.3%, and Nasdaq futures rose 0.3%.
Oil prices nudged lower, with global benchmark Brent crude down 1.2% and US West Texas Intermediate down 1% recently, after Saudi Arabia said its production had fully recovered from the Sept. 14 drone attacks on its oil facilities.
At 8:30 am, data are expected to show a 1.2% decline in durable goods orders for August following a 2.1% gain in the previous month. Personal income, consumer spending, and the PCE price index are seen posting gains of 0.4%, 0.3%, and 0.2%, respectively, for August, according to data compiled by Econoday.
At 10 am, final September reading for the consumer sentiment index is expected to come in at 92.0, which would be unchanged from the preliminary reading.
In equities, shares of The9 (NCTY) were 32% higher pre-bell after the company agreed to sell its China units to Kapler for $69.2 million.