U.S. stock futures pointed south on Friday as geopolitical tensions continued to ramp up between North Korea and the United States, sending investors into less risky assets.
Oil prices nudged lower with global benchmark Brent crude down 0.31%, and U.S. benchmark West Texas Intermediate down 0.45% recently extending Thursday's selloff following an OPEC report which said the cartel's July production rose 0.5% from June.
At 8:30 a.m., data are expected to show consumer prices rising 0.2% in July following steady prices in June, according to data compiled by Econoday.
Federal Reserve Presidents Robert Kaplan and Neel Kashkari are scheduled to give speeches.
In equities, shares of J.C. Penney ( JCP ) were 16% lower pre-bell after the company reported a wider-than-expected fiscal Q2 loss.
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