U.S. stock index futures edged higher Friday, bouncing after a losing session on Wall Street as investors digest strong numbers from chipmaker Broadcom (NASDAQ:AVGO) and look forward to a Federal Reserve meeting next week.
At 05:50 ET (10:50 GMT), Dow Jones Futures rose 125 points, or 0.3%, S&P 500 Futures gained 22 points, or 0.4%, and Nasdaq 100 Futures climbed 155 points, or 0.7%.
Stock futures steadied after a negative session on Wall Street, as stronger-than-expected producer price index data sparked uncertainty over the long-term outlook for rates.
For the week, the Dow Jones Industrial Average is heading for a 1.6% decline and the S&P 500 a drop of 0.6%, while the NASDAQ Composite is set to gain 0.2%.
|