Investors Take Break from Trump Woes, Futures Higher



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

Ahead of the opening bell, futures for the Dow Jones Industrials gained 32 points, or 0.2%, to 20,676. Futures for the S&P 500 gained 6.25 points, or 0.3%, to 2,369.75. NASDAQ futures jumped 21.75 points, or 0.4%, to 5,652.50.

The Dow recovered on Thursday from its worst day of 2017, gaining around 55 points. Wednesday’s tumble amounted 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.

Among stocks reporting earnings, 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.

Oil prices took on 63 cents to $49.98 U.S. per barrel.

Gold prices climbed 80 cents to $1,253.60 U.S. an ounce.