U.S. stock index futures indicated a flat to slightly higher open on Friday, amid data releases and following a record market close on Thursday.
Traders on Friday will focus on May consumer sentiment and April's industrial production, after a week of mixed economic data pared economic growth forecasts for both the first and second quarter.
fell 0.3 percent in April, versus an expected gain of 0.1 percent.
Empire Manufacturing data showed a reading of 3.09, below expectations of 5 but above last month's negative figure.
The University of Michigan's consumer sentiment is due at 10:00 a.m. ET.
"The University of Michigan's preliminary consumer sentiment reading for May seems unlikely to advance significantly, with neither energy prices nor recent labor market data seemingly warranting a further increase in optimism," head of economic research at Daiwa Capital Markets, Chris Scicluna, said in a research note.
The U.S. dollar recovered slightly on Friday, but held near recent lows, after the euro topped $1.14 for the first time since February on Thursday.
In a quiet day for earnings, scandal-hit Petrobras is set to report after U.S. markets close.
European equities were higher in morning trade on Friday as investor sentiment was buoyed by comments from Mario Draghi, president of the European Central Bank.
Draghi said on Thursday that the central bank would "implement in full" its bond-buying program, which would stay in place "as long as needed."
U.S. stocks closed one percent higher on Thursday as investors cheered further weakness in the dollar and calmer bond markets, amid mixed economic data. The S&P 500 set a new closing record with information technology jumping 1.7 percent to lead all 10 sectors higher.
Netflix—The stock jumped more than 3 percent to above $600 a share after Chinese media executives at BesTV New Media and Wasu Media Holding told the Wall Street Journal they have . No decisions were made.
Keurig Green Mountain—CLSA reduced its fiscal year 2016 estimates and price target to $103 from $108 after the coffee-machine maker's Kold system demonstration gave higher-than-anticipated suggested pricing. CLSA maintains an "underperform" rating on the stock and projects lower household penetration. Shares plunged more than 6.5 percent in pre-market trade.
UPS—Goldman Sachs upgraded the stock to "buy" from "neutral" and raised its price target to $119, citing a positive skew in the risk/reward proposition and stronger-than-expected pricing in ground delivery services. Goldman also raised its view on logistics firms to "attractive" from "neutral."
Yum Brands—JPMorgan upgraded the stock to "overweight" from "neutral," noting greater potential for spinning off China operations.