U.S. stock futures were heading higher on Friday, marking a quiet end to a week of choppy trading for the major indices as tech stocks measured the market.
S&P 500-linked futures rose 0.2% after the broad stock of large stocks caught a streak that missed two days on Thursday. Silent gains at the opening bell could push the S&P 500 into positive territory for the week. Contracts for the technology-heavy Nasdaq-100 index were relatively flat.
Stocks have been struggling for direction in recent sessions. Investors are measuring signs that the U.S. economy is peeled for a period of rapid growth amid concerns about rising bond yields and a jump in coronavirus cases that are threatening European economies of stymie.
A strengthening dollar, signs of a growing strategic conflict between the U.S. and China, tight global supply chains and the prospect of rising inflation have also put the stock market down, investors say.
“Things generally look good, but it’s a very unstable environment,” said Suzanne Hutchins, head of real yield investments at Newton Investment Management. “There is a lot of inequality in the market, but I don’t think it is necessary to pay according to travel. ”