Friday’s data and earnings calendar is light. The University of Michigan’s consumer-confidence survey, due at 10 a.m. ET, is expected to show an uptick in sentiment in June.
Stock futures crept up. Contracts tied to the S&P 500, the tech-heavy Nasdaq-100, and the Dow industrials rose between 0.1% and 0.3%.
Treasury yields edged up. The 10-year yield ticked up to 3.741%, from 3.727%.
Overseas stocks rose. Hong Kong’s Hang Seng Index rose 1.1% and the Shanghai Composite gained 0.6%, boosted by expectations for a major stimulus effort by Beijing. The Stoxx Europe 600 index added 0.5%.
The dollar steadied. The WSJ Dollar Index was close to flat, recovering from Thursday’s 0.7% slide after mixed economic data and a European Central Bank rate increase that boosted the euro.
The Japanese yen fell. The yen was off 0.5% against the dollar after the Bank of Japan stuck to its ultra-loose monetary policy at its latest meeting. The Nikkei closed up 0.7% at a new 33-year high.