Stock futures rose Friday as Wall Street tried to end the week on a high note.
Futures for the Dow Jones Industrials handed over three points to 49,636.
Futures for the S&P 500 moved ahead nine points, or 0.1%, at 6,990.75.
Futures for the NASDAQ strengthened 116.75 points, or 0.5%, to 25,822.56.
The major averages are coming off a winning session thanks to gains in chip stocks. Taiwan Semiconductor led the advance after a blowout fourth-quarter report.
Further, the U.S. and Taiwan reached a trade agreement in which Taiwanese chip and tech companies will invest at least $250 billion in production capacity in America.
Bank stocks also got a boost after Goldman Sachs and Morgan Stanley posted solid fourth-quarter results. Goldman shares gained more than 4%, while Morgan Stanley added nearly 6%.
Investors are preparing to close out a hectic week. They’ve been grappling with a slate of headlines out of Washington, running the gamut from heightened geopolitical risk in Iran and Greenland to worries over threats to the Federal Reserve’s independence.
The major averages are heading for losses on the week, with the S&P 500 off 0.3% and the NASDAQ down 0.6% in the period. The Dow is down 0.1% week to date.
Markets in Japan fell 0.3% Friday, while in Hong Kong, the Hang Seng also lost 0.3%.
Oil prices captured 66 cents to $59.85 U.S. a barrel.
Gold prices slid $23.30 at $4,600.40 U.S. per ounce.
