It's always nice to start the day on a high note.
U.S. stock futures are rising, most indexes in Europe are up by about 1% in early trading and the vast majority of Asian markets ended the day with positive results.
Here are the four things you need to know before the opening bell rings in New York:
1. Oil within reach of $50: Oil prices are pushing higher again Friday after passing $49 per barrel overnight.
The price went as high at $49.27 late on Thursday.
Prices have rallied as many major oil producers, including Canada and Nigeria, have faced supply disruptions.
Oil was worth less than $27 per barrel just a few months ago.
2. Stock market mover -- Kinder Morgan: Shares in energy infrastructure firm Kinder Morgan (KMI) are set to rally at the open after Canada's National Energy Board approved plans for the company to expand a major pipeline.
However, the company still needs one final approval from a top Canadian authority before the project can proceed.
3. Earnings and economics: Campbell Soup (CPB), Deere (DE) and Foot Locker (FL) are among the key companies reporting quarterly results before the open.
On the economic front, the National Association of Realtors will report the latest monthly data on existing U.S. home sales, giving insight into developments in the housing sector.
Related: Home Depot shines as more Americans nest
4. Thursday market recap: Thursday was a negative day in the markets.
The Dow Jones industrial average dropped 0.5%, the S&P 500 dipped 0.4% and the Nasdaq fell 1.1%.
Market sentiment took a hit after EgyptAir Flight 804 from Paris to Cairo disappeared Thursday morning with 66 people on board. The Egyptian armed forces said Friday morning they found debris from the plane and passenger belongings.
