NEW YORK (CNNMoney) -- U.S. stocks were headed for a flat open Friday, after finishing the previous session at multi-year highs, as investors hesitated to make big bets before a key vote on a second bailout for Greece.
The Dow Jones industrial average () and S&P 500 ( ) were up between 0.2% and 0.3% while Nasdaq ( ) futures were flat. Stock futures indicate the possible direction of the markets when they open at 9:30 a.m. ET.
Investors are optimistic that European finance ministers will sign off on Greece's latest economic reform proposal when they meet Monday. Their approval is needed in order for Greece to receive bailout funds and avoid default on a €14.5 billion bond redemption in March.
Moves in the market could be muted Friday, as investors take a breather going into the long weekend and ahead of Monday's big meeting -- especially with the Dow finishing at its highest level since May 2008 on Thursday, and the Nasdaq at a decade high.
All three indexes are on track to post gains for the week. The Dow is up about 0.8%, while the S&P 500 is on track for a 1.2% gain. The Nasdaq has jumped nearly 2%.
Markets will be closed Monday for Presidents' Day.
World markets: European stocks were modestly higher in afternoon trading. Britain's FTSE 100 ( ) added 0.4%, the DAX ( ) in Germany rose 1.3% and France's CAC 40 ( ) gained 1.3%.
Asian markets ended higher. The Shanghai Composite () edged up slightly, the Hang Seng ( ) in Hong Kong rose 1% and Japan's Nikkei ( ) popped 1.6%.
Core inflation rose 0.2%, compared to estimates for 0.1% uptick.
The Conference Board's Leading Economic Indicators index is expected to tick up by 0.5% in January, after increasing by 0.4% in the month prior.
Companies: Applied Materials ( , Fortune 500) spiked in premarket trading after the company beat Wall Steet's earnings and revenue estimates for the fiscal first quarter and predicted a higher-than-expected second-quarter profit.
Shares of H.J. Heinz (Fortune 500) moved higher after the company beat earnings estimates, thanks to growth in emerging markets.,
Campbell Soup's (Fortune 500) stock also edged higher after the company's second quarter profit declined but still managed to beat forecasts.,
Nordstrom (Fortune 500) shares were up after the retailer topped earnings estiamtes. But the company's profit forecast for the year was less impressive.,
Gilead Sciences (Fortune 500) shares tumbled after the drugmaker said that the majority of patients involved in experience of a hepatitis C treatment experienced a relapse within four weeks of completing the treatment.,
Oil for March delivery gained 54 cents to $102.85 a barrel.
Gold futures for April delivery rose $8.30 to $1,736.70 an ounce.
Bonds: The price on the benchmark 10-year U.S. Treasury fell, pushing the yield up to 2% from 1.99% late Thursday.
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