Stock futures were on the rise on Friday as a tech-led rally continued and investors remained skeptical over U.S.-Iran negotiations.
Disputes over Iran's uranium stockpile and the Strait of Hormuz keep a final deal between Washington and Tehran uncertain, fueling concerns that sustained high energy prices could raise global inflation and potentially force the Federal Reserve to raise interest rates.
"This is not the first time a deal seemed close, only for negotiations to break down," ING said. "So, there's a large segment of the market that will be more skeptical about the positive signals we are seeing."
Brent crude oil futures were rising to around $105 a barrel while the 10-year Treasury yield was steady.
Meanwhile, Trump will host the swearing-in of new Federal Reserve Chair Kevin Warsh on Friday morning, the first time a central bank chief has taken the oath of office in the White House in nearly 40 years.
