U.S. stock-index futures added to slight gains on Friday after October
"That's a good early read. For the naysayers saying the consumer is dead, here's another report that proves that's not correct," said Art Hogan, chief market strategist at Wunderlich Securities.
Still, how the stock market fares during the session is largely "up to crude oil. We had a significant downward trend in both Brent and WTI, if we're going to find any support at these new low levels, that would be supportive for the equity market overall," Hogan added.
The preliminary reading of November's University of Michigan's consumer confidence survey is out at 9:55 a.m., followed by monthly business inventories at 10 a.m. and natural gas inventories at 10:30 a.m.