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Futures Up, Aimed at Ending 3-Session Skid

SJM

U.S. stock index futures were slightly higher Friday morning, following three straight days of market losses.

Futures for the Dow Jones Industrials gained 42 points, or 0.2%, Friday to 27,790.

Futures for the S&P 500 added 4.25 points, or 0.1%, at 3,108.25.

The NASDAQ Composite moved higher 16.75 points, or 0.2%, to 8,291.25.

Foot Locker and J.M. Smucker are among the firms announcing earnings Friday.

On the data front, manufacturing Purchasing Managers' Index (PMI) and service-sector PMI figures for November will be released at around 9:45 a.m. ET. Consumer sentiment for November and the latest Kansas City Fed Survey will follow slightly later in the session.

Wall Street closed lower on Thursday amid uncertainty over U.S.-China trade. Chinese President Xi Jinping said Friday that Beijing wants to work for a trade deal with the U.S. but is not afraid to "fight back." Reinforcing the upbeat tone adopted by China in recent days, Xi told a visiting U.S. business delegation that China holds a ‘positive attitude' toward the trade talks.

Overseas, in Japan, the Nikkei 225 gained 0.3% Friday, while in Hong Kong, the Hang Seng Index picked up 0.5%.

Oil prices fell 22 cents to $58.36 U.S. a barrel.

Gold prices gained $5.80 to $1,469.40 U.S. an ounce.