US pre-open: Dow futures higher after yesterday's heavy losses
Wall Street futures had stocks opening mixed ahead of the bell on Friday after heavy losses in the previous session.
As of 1245 BST, Dow Jones futures were up 0.70%, while S&P 500 futures were 0.43% firmer and Nasdaq-100 futures were 0.05% softer.
The Dow Jones closed 259.86 points lower on Thursday as stocks ended the session sharply lower amid rising global Covid-19 cases and falling bond yields.
In focus ahead of the bell was the yield on the benchmark 10-year Treasury note, rebounding five basis points to 1.34% and easing concerns regarding an economic slowdown in the process. Bank stocks regained some of yesterday's losses as a result of the upward move.
Big tech stocks were in the red ahead of the announcement of a new executive order from Joe Biden aimed at the competitive practices by the sector's biggest players.
AvaTrade's Naeem Aslam said: "Stock futures are trading flat on the final trading day of the week and there is a possibility of some bargain hunting taking place today. But overall for this, it is not a stretch statement to say that bears have seized control of the three major indices as all of them are set to close in negative territory for this week.
"The primary reason for this is mainly due to concerns about slower economic growth in the upcoming period as compared to the previous ones. In addition to this, we have also witnessed some weakness in the economic numbers as well this week."
On the macro front, monthly wholesale inventories figures will be released at 1500 BST.
No major corporate earnings were slated for release on Friday.