U.S. stock index futures held small gains Friday, lifted by financials following JPMorgan's earnings report and after official figures showed China’s economy grew in line with economists’ expectations.
JPMorgan Chase gained after the financial giant beat Wall Street expectations, despite the $4.4 billion loss from the "London Whale" trading debacle.
"We don't take it lightly," CEO Jamie Dimon told Wall Street analysts on a conference call. He added: "We're not making light of this error, but we do think it's an isolated event." (Click here for the live coverage.)
Other financials including BofA , Morgan Stanley and Goldman Sachs got a lift following JPMorgan's results.
Wells Fargo posted higher earningson strong mortgage banking income as borrowers continued to refinance their homes at low rates.
Lexmark plunged after the printer maker cut its second-quarter outlook, citing impact from exchange rates and weak demand in Europe. Barclays lowered its price target on the company to $21 from $24.