U.S. equity futures are trading cautiously following a third day of declines for the S&P 500.
The major futures indexes are suggesting a higher open of about 0.2% when trading begins.
On the economic front, the big Friday focus will be retail sales for September, which are expected to rise by 0.7%, up from August's 0.6% increase.
Other reports include Industrial production and the preliminary consumer sentiment report from the University of Michigan.
A busy week for earnings wraps up with results from Bank of New York Mellon, State Street, Citizens Financial Group and oilfield services giant Schlumberger.
In Asia, Japan's benchmark Nikkei 225 fell 0.4%, Hong Kong's Hang Seng gained 0.9% and China's Shanghai Composite rose 0.1%.
In Europe, London's FTSE added 0.9%, Germany's DAX climbed 0.8% and France's CAC rose 1.4%.
Wall Street has turned cautious this week amid a confluence of worrisome trends for the economy, which is still hampered by the pandemic. Coronavirus infections are rising in Europe, prompting governments in France and Britain to impose new measures to contain the outbreak. Caseloads are also climbing in the Americas and parts of Asia.
|I:DJI||DOW JONES AVERAGES||33212.96||+575.77||+1.76%|
|I:COMP||NASDAQ COMPOSITE INDEX||12131.131075||+390.48||+3.33%|
In the U.S., investor optimism that the Trump administration and Congress will soon reach a deal on another round of stimulus for the economy has waned.
On Thursday, the S&P 500 fell for a third day, slipping 0.2%. The Dow Jones Industrial Average dropped 0.1%, while the Nasdaq composite dropped 0.5%.
U.S. data on unemployment claims also weighed on investor sentiment. The Labor Department said Thursday that the number of Americans seeking unemployment benefits rose last week to 898,000.
In energy trading, benchmark U.S. crude lost 36 cents to $40.60 a barrel in electronic trading on the New York Mercantile Exchange. It gave up 8 cents on Thursday to $40.96. Brent crude, the international standard, fell 43 cents to $42.73 a barrel.
The Associated Press contributed to this article.