Stock Futures Point to Open Near Record Highs

FOX Business: Capitalism Lives Here

U.S. stock-index futures tilted slightly higher on Friday, suggesting the broad S&P 500 will likely open near record highs.

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Today's Markets

As of 7:55 a.m. ET, Dow Jones Industrial Average futures rose 5 points, or 0.03%, to 16838, S&P 500 futures gained 0.75 point, or 0.04%, to 1951 and Nasdaq 100 futures advanced 2 points, or 0.05%, to 3791.

This week, it's been all about the Federal Reserve. Dovish remarks from the powerful central bank sparked the best rally for the S&P 500 since May, propelling the index to record highs.

The Street was quite quiet on Friday, with no economic reports on the docket.

On the corporate front, billionaire investor Carl Icahn called on Family Dollar (NYSE:FDO) to put itself up for sale immediately. He revealed a stake in the discount retailer earlier this month.

In commodities, U.S. crude oil futures rose 6 cents, or 0.06%, to $106.49 a barrel. Wholesale New York Harbor gasoline dipped 0.11% to $3.122 a gallon. Gold fell $2.30, or 0.18%, to $1,312 a troy ounce.

The calendar heats up next week. There are several key housing and consumer-focused reports, along with earnings from blue-chip footwear maker Nike (NYSE:NKE).