Dow Jones Industrial Average futures traded near flat Friday as traders awaited wholesale prices data and mulled over July's consumer inflation report.
Futures for the blue-chip forged ahead 11 points to 35,262.
Futures for the S&P 500 dipped two points to 4,483.75
Futures for the NASDAQ faded 22.5 points, or 0.2%, to 15,178.75.
On a weekly basis, the S&P 500 is slated for a drop of 0.2% and the NASDAQ is bound for a decline of 1.2%. Both are on pace for their second straight losing week — a first for the tech-heavy NASDAQ since the conclusion of a four-week losing streak in December 2022. The Dow is an outlier of the three major averages, on track for a modest gain of 0.3%.
The producer price index July reading is slated for release at 8:30 a.m. ET. Economists polled by Dow Jones expect the report to show a 0.2% increase month over month.
The report comes a day after investors pored over July's consumer price index, which indicated prices rose by 3.2% on an annual basis. That was less than the consensus estimate of 3.3%. However, the core CPI, which excludes volatile food and energy costs, rose 4.7% from the prior year.
In Japan, markets were closed for holiday Friday, while in Hong Kong, the Hang Seng fell 0.9%.
Oil prices advanced 48 cents to $83.30 U.S. a barrel.
Gold prices gained $2.10 to $1,951.00 U.S. an ounce.