Stock futures rose Friday as investors braced for an inflation report that is expected to show prices at their highest level in nearly 40 years.
Futures for the Dow Jones Industrials gained 78 points or 0.2%, to 35,738.
Futures for the S&P 500 added 13.75 points, or 0.3%, to 4,673.50.
Futures for the NASDAQ jumped 31 points, or 0.2%, to 16,182.50.
Oracle shares soared, gaining more than 11% pre-market, a day after beating earnings on the top and bottom lines.
Southwest Airlines dropped 2.5% in pre-market trading following another downgrade on Wall Street, this time from Goldman Sachs. The industry has been deemed susceptible to inflation risk, and Alaska Air Group also was off Friday, falling 2.7%.
Interactive fitness company Peloton added to its woes, dropping 2.7% premarket after tumbling 11.3% on Thursday. Credit Suisse cut its view on the company, saying a return to gyms and shifts in consumer spending will weigh on profitability.
The University of Michigan is also set to release consumer sentiment data on Friday.
Overseas, markets in Japan retreated 1% Friday, while the Hang Seng in Hong Kong fell 1.1%.
Oil prices acquired 72 cents to $71.66 U.S. a barrel.
Gold prices dumped $1.40 to $1,775.30 U.S. an ounce.