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Wall Street eyes data, Greece meeting

U.S. stock index futures indicated a higher open on Friday, as investors cheered a record Nasdaq close spurred by positive earnings and Greece debt talks get under way in Europe.

The Nasdaq Composite outperformed the other major indices on Thursday to set an all-time closing record, topping the previous high of 5,048.62 set in March 2000.

Read MoreTechnology in focus, with one eye on Greece

Futures briefly pared gains following durable goods that beat on the headline figure but showed a disappointing decline in the core figure.

Durable goods, ex-transportation, fell 0.2 percent, below expectations for a slight gain but less than February's 1.3 percent decline.

Including transportation, which tends to be volatile, the report posted an increase of 4 percent for March, surpassing expectations for a moderate bounce back, after February's disappointing 1.4 percent month-on-month drop.

The U.S. 10-year Treasury yield fell to 1.93 percent. The U.S. dollar weakened.

Friday is set to be a quieter earnings and data day, with the likes of Biogen, American Airlines Group, State Street and Xerox reporting before market open.

Biogen's stock was under pressure ahead of the bell after the company's first-quarter sales of Tecfidera, an oral multiple sclerosis drug, came in at $824.90 million, below consensus estimates, according to Reuters.

Xerox shares fell more than 3 percent after the company posted quarterly earnings and revenue that missed analysts' expectations. The company also cut its full-year forecast amid a strong U.S. dollar.

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AstraZeneca shares fell more than 3 percent in premarket trading after the company reported that sales fell by 6 percent in the first quarter, citing a rising dollar and competition from Nexium generics, according to Reuters.

An image of Mark Zuckerberg, chief executive officer of Facebook Inc., left, with Robert Greifeld, chief executive officer of Nasdaq OMX Group, right, is projected at the Nasdaq MarketSite in New York, May 18, 2012.
Peter Foley | Bloomberg | Getty Images
An image of Mark Zuckerberg, chief executive officer of Facebook Inc., left, with Robert Greifeld, chief executive officer of Nasdaq OMX Group, right, is projected at the Nasdaq MarketSite in New York, May 18, 2012.

Stocks to watch include Facebook and Nasdaq OMX Group, after the latter agreed to pay the social networking site $26.5 million to settle a lawsuit regarding the bungling of its initial public offering (IPO).

Plus, Google posted quarterly earnings and revenue after the close of trade that missed analysts' expectations on Thursday. Nonetheless, the stock rose more than 3.5 percent in after-hours trading immediately after the figures were announced.

In Europe, European equities were higher as euro zone finance ministers gathered in Latvia, with Greece top of the agenda.

Greece is willing to make compromises to reach a deal on its debt, Finance Minister Yanis Varoufakis said on Friday after tense talks with his euro zone peers on this issue.

"We want an agreement and we are willing to make compromises to achieve this,'' Varoufakis told reporters. ``The cost of not having a solution would be huge for all of us, Greece and the euro zone.''

Greece is running out of cash and needs a last tranche of bailout aid in order to meet debt repayments. So far, its reform drive has been slow and the aid has not been released.

Earlier, neither ministers involved nor analysts were holding out hope for a deal on Friday.

German Finance Minister, Wolfgang Schaeuble, said he did not believe there would be decisive progress on Greece in Riga, while his Austrian counterpart said he was "quite annoyed" with the lack of progress over reforms, Reuters reported.

Reuters and CNBC's Fred Imbert contributed to this report.