Source: Sharecast
As of 1245 BST, Dow Jones futures were up 0.09%, while S&P 500 and Nasdaq-100 had the indices opening 0.02% and 0.13% lower, respectively.
The Dow closed 173.96 points lower on Thursday as a barrage of better-than-expected data drove a third straight losing session, with signs of a resilient economy clouding the outlook for monetary policy.
Traders were awaiting the release of August's personal consumption expenditures price index at 1330 BST, the central bank's preferred inflation gauge, with economists expecting to show a modest uptick in price pressures.
Markets continued to price in two quarter-point rate cuts at upcoming Fed meetings, in line with central bank projections. However, investors remained cautious following Thursday's stronger-than-expected jobless claims data and an upward revision to second-quarter GDP growth.
Equities also faced fresh pressure from trade policy headlines, after Donald Trump said the US would impose a 100% tariff on "any branded or patented pharmaceutical product", unless the manufacturer builds production facilities domestically. He also announced a 25% levy on imported heavy trucks effective 1 October.
Elsewhere on the macro front, the University of Michigan's September consumer sentiment index will be released at 1500 BST.
In addition to this afternoon's inflation release, a handful of Federal Reserve members will speak on Friday, including Trump's pick for governor, Stephen Miran.
No major corporate earnings were slated to be released on Friday.
Reporting by Iain Gilbert at Sharecast.com
