U.S. stock index futures traded in a narrow range on Friday after a mixed U.S. jobs report.
The U.S. economy added 151,000 jobs in January. Economists expected a gain of 190,000. The unemployment rate, however, fell to 4.9 percent from 5.0 percent.
The job market has been a pillar of strength for the U.S. economy and a key reason that the Federal Reserve was able to hike interest rates, so January's employment report has become even more critical amid new signs the economy has hit a soft patch.
Elsewhere on the data front, consumer credit is set to come out at 3:00 p.m.
In oil markets, Brent crude traded around $34.75 a barrel on Friday morning, up by 1 percent, while U.S. crude was at around $32 a barrel, up 1.13 percent.
On the earnings front, CME Group and Estee Lauder, among others, reported before the bell.
In Asia, Japan's Nikkei finished 1.32 percent lower, while the Shanghai Composite closed 0.61 percent lower in China. In Europe, the pan European Stoxx 600 index was around 0.31 percent higher on Friday.
— CNBC's Patti Domm contributed to this report