US futures point to higher open on Wall Street

U.S. stock index futures moved higher on Friday morning.

Around 7 a.m. ET, Dow futures indicated a positive open of nearly 100 points. S&P 500 and Nasdaq futures were also higher.



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Global equities have been subdued recently by fears of the China coronavirus spreading, with the death toll rising to 26 and the number of confirmed cases increasing to 830. The virus originated in China, but cases have also been reported in the U.S., Japan, and South Korea.

The World Health Organization on Thursday called the outbreak an “emergency in China,” but stopped short of saying it constituted a global public health emergency.

In corporate news, American Express reported better-than-expected earnings before the bell Friday.

Meanwhile in economic data, manufacturing figures for January are due at 9:45 a.m. ET.

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