Stock index futures ticked lower on the early part of Friday as investors wait for further economic data to be released as the morning progresses.
The Nasdaq futures (NDX:IND) remain mostly unchanged. At the same time, S&P futures (SPX) are slightly lower by 0.1%, and Dow futures (INDU) trade lower by 0.1%.
Looking towards the Treasury market and yields have dipped with the shorter end U.S. 2 Year Treasury yield (US2Y) falling by 4 basis points to 4.58%. At the same time the longer end U.S. 10 Year Treasury yield (US10Y) moved down by 3 basis point to 4.22%.
See how other yields trade across the entire yield curve here.
Looking towards the economic calendar and investors are set to receive PMI Manufacturing Index data right after the start of trading. The consensus suggests that PMI manufacturing data will come in at 51.5.
Also, on the economic calendar Wall Street will receive the latest ISM Manufacturing Index data. The forecast is for ISM data to arrive at 49.5.
Consumer sentiment data is also set to come in. At the moment, economists project the reading to come in at 79.6 which would be a slight tick up from the previous reading of 79.
