NEW YORK (CNN/Money) - Investors will be hoping that encouraging news on the economy Friday could give stocks some respite after the previous session's brutal selloff on the back of growing unease about record-high oil prices.

Early Friday, stock futures pointed to a moderately higher open on Wall Street.

In the day's economic updates, new orders for long-lasting U.S.-made goods jumped by a larger-than-expected 5.5 percent on a large gain in civilian aircraft orders, a government report showed Friday.

But excluding the volatile transportation category, orders for durable goods -- big-ticket items meant to last three years or more -- slipped unexpectedly by 0.2 percent, the Commerce Department said. Analysts were expecting all durable goods orders to rise 1 percent and for orders excluding transportation to gain 0.5 percent.

At 10 a.m. ET, the Commerce Department is expected to deliver May's report on new home sales, which are forecast to have risen to a 1.325 million unit annual rate last month from 1.316 million in April.

Oil prices rose to touch $60 for a second day on Friday, extending a streak of record highs. U.S. crude futures traded up 30 cents to $59.72 a barrel, having twice reached a peak of $60 to match Thursday's record -- the highest since the New York Mercantile Exchange began trading it in 1983.

London Brent crude rose 26 cents to $58.22 a barrel.

Treasury prices rose slightly, sending the yield on the 10-year note down to 3.94 percent from 3.95 late Thursday.

The dollar was higher against the yen and euro.

Major markets in Asia closed mostly lower, while major European markets were weaker in early trading Friday.

Record-high oil prices roiled stocks Thursday, as the escalating price of the commodity sparked worries that slowing economic growth would dent corporate profits. The Dow Jones industrial average slumped nearly 1.6 percent, the biggest one-day percentage drop since mid-April and the third worst session of the year.

The Standard & Poor's 500 index lost nearly 1.1 percent, suffering its biggest percentage decline since mid-May, while the Nasdaq composite also fell 1 percent.

In corporate news, the New York Times, citing an internal company document, reported Friday that IBM (Research) plans to up its hiring in India by more than 14,000 workers this year, even as it proceeds with layoffs of up to 13,000 workers in Europe and the United States.

Aluminum producer Alcoa (Research) said late Thursday the company will eliminate an additional 6,500 jobs, or 5 percent of its global workforce, in a second phase of restructuring. The company has already cut 1,800 jobs this year.