Futures for the Dow Jones industrial average rose 0.1 percent, S&P 500 futures were flat and Nasdaq 100 futures fell 0.1 percent, pointing to a mixed open for equities on Wall Street on Friday.
The Conference Board releases its report on November leading economic indicators at 1500 GMT. Economists in a Reuters survey forecast a 1.1 percent rise compared with a 0.5 percent increase in the prior month.
Ford Motor intends to raise its 30 percent stake in Jiangling Motors Corp <000550.SZ>, a major Chinese light commercial vehicle maker, a source said on Friday, as the Detroit automaker speeds expansion in the world's largest auto market.
At 1530 GMT, the Economic Cycle Research Institute releases its weekly index of economic activity for December 10. In the prior week the index read 126.4.
A head-to-head study of GlaxoSmithKline's and Baxter's H1N1 flu vaccines found the GSK shot produced a swifter, stronger immune response and was likely to offer better protection.
Blackstone Group LP has reached an agreement to restructure about $7 billion of the remaining debt tied to its 2007 purchase of Sam Zell's Equity Office Properties Trust, the largest leveraged buyout ever, the Wall Street Journal reported on Thursday.
Resource-related stocks will be in focus as crude oil prices rose above $88 a barrel, supported by a weaker dollar and cold weather in the United States and Europe, and key base metals prices gained 0.8 to 2.3 percent.
Oracle Corp forecast late on Thursday that its profit in the current quarter will beat Wall Street estimates, suggesting that its strategy of offering a one-stop shop for software and hardware is paying off. Oracle shares in Frankfurt rose 3.5 percent.
European shares edged lower in early trade on Friday, with investors cautious after Moody's downgraded Ireland's debt rating, while Japan's Nikkei average <.N225> fell 0.1 percent.
On Thursday, the Dow Jones industrial average <.DJI> was up 41.78 points, or 0.36 percent, at 11,499.25. The Standard & Poor's 500 Index <.SPX> was up 7.64 points, or 0.62 percent, at 1,242.87. The Nasdaq Composite Index <.IXIC> was up 20.09 points, or 0.77 percent, at 2,637.31.
(Reporting by Atul Prakash; Editing by Erica Billingham)