U.S. stock index futures indicated a higher open on Friday morning as traders eyed the comments of Federal Reserve officials.
New York Fed President William Dudley said a cautious, gradual approach to rate hikes is appropriate. He noted lingering external risks to the U.S. economy, despite some strength and signs of inflation domestically.
The U.S. dollar index turned to trade a touch lower, with the euro near $1.138. The yen came off recent highs against the greenback, trading near 108.7 yen as of 9:07 a.m. ET.
Dow, S&P and Nasdaq futures were up about half a percent or more in early trade, while the Russell 2000 futures outperformed slightly.