US equity futures were edging lower pre-bell Friday as traders observed oil prices' rise amid the continued release of corporate earnings reports.
Dow Jones Industrial Average futures were 0.7% lower, S&P 500 futures were down 0.3%, and Nasdaq futures were 0.1% lower.
Russia's first shipment of diesel has set out for the US after President Donald Trump struck a deal with the country in efforts to reduce soaring prices of the fuel. A medium-sized tanker, Agioi Fanendes, was loaded with 40,000 metric tons of ultra-low sulfur diesel at Russia's Baltic port of Primorsk on Thursday and is set to head for New York, Reuters reported, citing LSEG shipping data.
Traders digested the latest round of earnings, with American Express (AXP) reporting higher Q3 earnings and revenue.
Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.2% at $114.18 per barrel and US West Texas Intermediate crude 1.4% higher at $100.83 per barrel.
The October S&P Global Composite Purchasing Managers' Index, due at 9:45 am ET, is seen coming in at 57.6, down from 58.4 previously, according to estimates compiled by Bloomberg.
The final University of Michigan consumer sentiment report for October, scheduled at 10 am ET, is expected to show consumer sentiment index coming in at 46.3, unchanged from the prior period.
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