Futures gain momentum ahead of data

U.S. stock index futures rose ahead of Friday's open as investors awaited several pieces of economic data.

Futures for the Dow Jones Industrials perked 40 points, or 0.2%, to 26,224

S&P 500 futures gained 4.5 points, or 0.2%, to 2,914.75, while futures for the NASDAQ composite picked up 26.75 points, or 0.4%, to 7,619.75

Dave & Buster's Entertainment is among the few firms announcing earnings today.

Economic data due Friday includes retail sales and import and export price indexes at 8:30 a.m. ET, followed by industrial production figures at 9:15 a.m. ET and consumer sentiment and business inventories data at 10 a.m. ET.

The future of trade relations between the U.S. and China continues to occupy investors' time. Earlier this week, sources told various media that Washington was seeking to restart trade discussions with Beijing. However, President Donald Trump said Thursday that there is no pressure to strike a trade deal with China, adding an air of caution to markets

Overseas, in Japan, the Nikkei 225 rocketed 1.2% while in Hong Kong, the Hang Seng index jumped 1%

Oil prices increased 31 cents to $68.90 U.S. a barrel.

Gold prices added two dollars to $1,210.20 U.S. an ounce.