U.S. stock index futures pared gains on Friday after the first read on fourth-quarter GDP came in below expectations.
Dow Jones industrial average futures traded 35 points higher, while S&P 500 and Nasdaq 100 futures gained 8 points and 30 points, respectively.
The U.S. economy grew by 2.6 percent during the fourth quarter of 2017, government data showed. Economists polled by Reuters expected growth of 3 percent.
Durable goods orders, however, rose 2.9 percent in December, more than the expected 0.8 percent gain.
President Donald Trump also spoke at the World Economic Forum (WEF) in Davos, Switzerland, on Friday. In a speech, he warned countries against trying to "exploit" other nations through trade and reiterated that he would look out for "America first." However, he aimed to reassure the global leaders that "America first does not mean America alone," and said a strong American economy would lift other countries.