Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 rise 0.1 to 0.3 percent, pointing to a rise on Wall Street on Friday, the last trading day of the month.

Commerce Dept releases at 1330 GMT (8:30 a.m. EST) its preliminary (second) estimate of Q4 gross domestic product growth. Economists in a Reuters survey forecast a 5.7 percent annualized pace of growth, a repeat the advance Q4 estimate.

General Electric Co is in talks with Spain's Banco Santander to sell its 20.85 percent stake in Turkey's largest listed lender Garanti Bank , Turkish media reports said on Friday.

Bailed-out insurer American International Group reports its fourth-quarter results.

AIG has decided not to use cash flows from life insurance policies to repay an $8.5 billion loan to Federal Reserve Bank of New York, the Wall Street Journal said, citing people familiar with the matter.

At 1500 GMT, the National Association of Realtors (NAR) releases existing home sales for January. Economists in a Reuters survey forecast a 5.50 million annualized unit total versus 5.45 million annualized units in December.

Reuters/University of Michigan Surveys of Consumers release final February consumer sentiment index at 1455 GMT (9:55 a.m. EST). Economists in a Reuters survey expect a reading of 74.0 compared with 74.4 in the final January report.

Shares of Crocs Inc dropped 16 percent to $6.55 after the bell on Thursday after the footwear maker posted its quarterly results.

Sandisk , the flash memory maker, will provide analysts with fresh details on its outlook and plans for the year at its annual investor day, as the company looks to expand its reach into new consumer device markets.

Shares of Weight Watchers International Inc fell 7 percent to $28.00 in extended trading after the company reported quarterly results.

At 1330 GMT (8:30 a.m. EST), the Institute for Supply Management-New York releases February index of regional business activity. In the previous month, the index read 403.9.

The Institute of Supply Management Chicago releases February index of manufacturing activity, due at 1445 GMT. Economists in a Reuters survey forecast a reading of 60.0 compared with 61.5 in January.

Economic Cycle Research Institute (ECRI) releases at 1530 GMT its weekly index of economic activity for February 19. In the prior week the index read 128.4.

Shares of Rosetta Stone gained 3.5 percent to $17.95 in extended trading on Thursday following fourth-quarter results.

The FTSEurofirst 300 <.FTEU3> index of top European shares is up 0.7 percent after falling 1.7 percent on Thursday, on worries about Greece's debt, and weak U.S. economic data.

Japan's Nikkei average rose 0.2 percent on Friday, with stronger-than-expected domestic output helping counter investor jitters after weak U.S. data reinforced concerns about a global economic recovery.

U.S. stocks recovered most of their losses but ended lower on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.

The Dow Jones industrial average shed 53.13 points, or 0.51 percent, to 10,321.03. The Standard & Poor's 500 Index declined 2.30 points, or 0.21 percent, to 1,102.94. The Nasdaq Composite Index dipped 1.68 points, or 0.08 percent, to close at 2,234.22.

(Reporting by Atul Prakash; Editing by Mike Nesbit)