Stock index futures inched higher on Friday, as Alphabet's quarterly results brought some cheer to investors. S&P 500 futures (SPX) +0.4%, Nasdaq 100 futures (US100:IND) +0.4%, and Dow futures (INDU) were unchanged The 10-year Treasury yield (US10Y) was flat at 4.

Stock futures were dropping Thursday, with investors still trying to make sense of the U.S.-China trade war after Chinese officials denied reports that the world's two largest economies have started tariff negotiations.

U.S. stock futures point to a lower open, a day after stocks rallied on hopes of a thaw in the U.S.-China trade war and that Fed Chairman Jerome Powell will get to keep his job.