US Markets

Futures point to a higher open as Wall Street takes a breather from Trump worries


U.S. stock index futures pointed to a higher open on Friday as concerns over the stability of the U.S. administration ease.

The Dow Jones industrial average recovered on Thursday from its worst day of 2017, gaining around 55 points.

U.S. equities suffered their worst day of the year Wednesday, with the Dow dropping 372 points, on the back of news that Comey put together a memo outlining a conversation in which Trump allegedly asked him to halt an investigation into former National Security adviser Michael Flynn.

On the earnings front, Deere and Foot Locker both reported quarterly results before the bell. Foot Locker missed on both sales and profit, while Deere beat estimates on both lines.

In Europe, the pan-European Stoxx 600 index was around 0.44 percent higher on Friday morning. In Asia, the Shanghai Composite in China closed 0.03 percent higher, while the Nikkei in Japan closed 0.19 percent higher.

In oil markets, Brent crude traded at around $53.14 a barrel on Friday, up 1.2 percent, while U.S. crude was around $49.93 a barrel, also up 1.2 percent.