Stock index futures pointed to a mixed start for Wall Street on Friday, with futures for the Dow Jones, S&P 500 and Nasdaq trading flat to 0.3 percent lower by 0808 GMT (3:08 a.m. ET).

Economic data set for release include the final reading of the Thomson Reuters/University of Michigan U.S. consumer sentiment survey at 1355 GMT.

Other data include personal income and consumption numbers for April and May's New York ISM numbers, both due at 1230 GMT, and May Chicago PMI at 1345 GMT.

Guess Inc shares fell more than 9 percent in extended trading on Thursday after the clothing retailer posted quarterly results.

Blue Coat Systems Inc shares plummeted 16.8 percent in extended trade after the Internet-monitoring equipment maker posted fourth-quarter earnings.

British insurer Prudential said it was trying to negotiate a cut in the $35.5 billion it has agreed to pay for AIG's Asian unit, amid fears its shareholders might block the deal as too expensive.

Royal Dutch Shell said it would pay $4.7 billion in cash to buy privately held East Resources Inc, giving it substantially more exposure to crucial shale gas plays in North America.

Apple Inc's iPad launched in overseas store shelves on Friday, with buyers storming Japanese and Australian shops to be among the first outside the United States to snap up the long awaited tablet PC.

The U.S. House of Representatives approved a Boeing -backed bill that would force consideration of illegal subsidies in the multibillion-dollar race between Boeing and Europe's EADS to sell refueling aircraft to the U.S. Air Force.

White House adviser Lawrence Summers defended the economic policies of the Obama administration on Thursday, saying they had prevented a depression amid the worst financial crisis since the 1930s.

European stocks rose in early trade on Friday as investors continued to scoop up beaten-down shares while fears over the euro zone debt crisis receded. By 0810 GMT, the pan-European FTSEurofirst 300 <.FTEU3> index of top shares was up 0.5 percent at 1,005.41 points.

U.S. stocks rallied on Thursday as investor worry was eased after China refuted a report that it was reviewing its euro zone bond holdings due to the region's debt crisis.

U.S. markets are closed on Monday for the Memorial Day holiday. (Reporting by Harpreet Bhal; Editing by Hans Peters)