US Markets

US futures show little reaction to durable goods


U.S. stock index futures held to negative figures on Friday despite a rebound in the durable goods report, with ongoing troubles in Ukraine and Gaza in focus and a more than 10 percent decline in Amazon stock in after-hours trading weighing on sentiment.

Orders for durable goods beat expectations with an increase of 0.7 percent in June versus a 1.0 percent decline in May.

Read MoreUS durables jump in June, stoke recovery hopes

Amazon posted a second-quarter loss of 27 cents a share, sharply missing expectations for a loss of 15 cents a share. The company posted sales of $19.34 billion, matching forecasts. Early on Friday, Frankfurt-listed shares of the online retail giant traded 9 percent lower.

Meanwhile, authorities in Gaza reported that 15 people were killed on Thursday after Israeli forces shelled a shelter at a United Nations (UN)-run school, bringing the civilian death toll above 800. The UN warned that Israel may have committed war crimes in its near three-week offensive in Gaza.

The European Union is mulling measures to curb Russia access to the capital markets, after the downing of the Malaysia Airlines passenger jet over eastern Ukraine last week. Adding to tensions, Ukrainian Prime Minister Arseniy Yatsenyuk announced his resignation on Thursday, after two parties pulled out of the governing coalition.

The International Monetary Fund trimmed its global growth forecasts again on Thursday, citing geopolitical risks in Iraq as well as Ukraine, plus lowered expectations for key emerging markets. It now sees the global growth at 3.4 percent this year, rather than 3.7 percent.

Friday will be a quiet day for second-quarter earnings season, with eyes only on Xerox, which reported before the bell a in its second quarter and beat analysts' expectations.

Wires contributed to this report.