Before the bell Friday, investors learned that personal income remained unchanged in October, while spending declined by 0.2% in the month.
Chicago's Purchasing Manager Index, a barometer of manufacturing activity in the area, is due shortly after trade begins.
Few stocks made big moves in premarket trading Friday, though shares of St. Jude Medical(STJ) were 2.4% higher one day after the hospital's board authorized a $1 billion stock buyback.Yum! Brands(YUM)fell more nearly 8% in premarket trade after the firm softened its expectations for China, predicting same-store sales in that key market would decline 4% in the fourth quarter.
An awful breakfast at Tiffany's
Zynga(ZNGA)shares were off 9% early Friday, after tumbling 13% after-hours Thursday on news that the terms of its deal with Facebook(FB) had substantially changed.
Research firm NPD Group reported sales of PCs running Microsoft(MSFT) in the four weeks ended November 17 dropped 21% from the previous year. Microsoft released its new operating system, Windows 8, on October 26.
Asian markets played catch-up Friday, but were also helped by the approval of a new stimulus package in Japan and expectations of strong Chinese factory data due over the weekend. Extending weekly gains, the Nikkei rose 0.48%, the Hang Seng advanced 0.49% and the Shanghai Composite jumped 0.85%.