Dow futures fall 100 points; stocks poised to pull back from record highs

U.S. stock index futures pointed to a lower open on Friday after the Dow and S&P set fresh records.

The Dow Jones industrial average notched its 10th straight record close and the S&P 500 closed marginally higher after reaching a new all-time high.

On the earnings front Foot Locker and J.C. Penney were among the companies that reported before the bell on Friday. Penney posted better-than-expected earnings and announced it will close up to 140 stores.

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On the data front new home sales and consumer sentiment are due at 10 a.m. ET.

In Europe, the pan-European Stoxx 600 Index was 1.01 percent lower on Friday.

In oil markets, Brent crude traded at around $56.11 a barrel on Friday, down 0.83 percent, while U.S. crude was around $54.06 a barrel, down 0.7 percent.