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Futures up: Dow 0.07%, S&P 500 0.01%, Nasdaq 0.11%

Feb 21 (Reuters) - U.S. stock index futures were largely

flat on Friday after declining in the previous session when

investors fretted over President Donald Trump's tariff threats

and the Federal Reserve's interest rate outlook.

All three indexes clocked declines in the last session also

after a downbeat forecast from retail giant Walmart ( WMT ).

Walmart ( WMT ) edged 0.4% higher in premarket trading on Friday

after dropping more than 6%, its biggest single-day decline in

more than a year on Thursday.

The S&P 500 is set for a flat weekly finish, receding

somewhat after hitting all-time highs twice this week, while the

Dow and the Nasdaq are on pace for mild weekly

declines.

Earlier this week, Trump said he will announce fresh tariffs

over the next month or sooner, adding lumber and forest products

to previously announced plans to impose duties on imported cars,

semiconductors and pharmaceuticals.

Since returning to office four weeks ago, Trump has imposed

an additional 10% tariff on all imports from China. He also

announced, and then delayed for a month 25% tariffs on goods

from Mexico and non-energy imports from Canada.

Last week, he unveiled plans to slap reciprocal tariffs on

all countries that have tariffs on U.S. goods

On Friday, preliminary February economic activity surveys

published by S&P Global will be released at 9:45 a.m. ET, while

the final reading of consumer sentiment calculated by the

University of Michigan is due at 10 a.m. ET.

The Personal Consumption Expenditures (PCE) reading, the

Fed's preferred gauge for inflation, would be on the radar next

week after consumer and producer prices reading earlier this

month painted a mixed picture.

Traders currently see at least one 25-basis-point interest

rate cut by the Fed this year, with a 60% chance of an

additional cut, according to LSEG data.

On Thursday, several Fed officials signaled they still feel

that cooling U.S. inflation will in time allow the U.S. central

bank to deliver further interest rate cuts.

One official said that current conditions call for holding

rates steady, and gave no indication of when, or whether, she

felt cuts would be needed. Comments from Fed Vice Chair Philip

Jefferson are due later in the day.

At 4:50 a.m. ET, Dow E-minis were up 32 points,

or 0.07%, S&P 500 E-minis were up 0.75 points, or 0.01%,

and Nasdaq 100 E-minis were up 23.25 points, or 0.11%.

Block slid 7.4% after the payment firm's

fourth-quarter profit fell short of estimates.

Celsius Holdings ( CELH ) jumped 33.9% after the energy

drink maker said it would buy health and wellness drinks brand

Alani Nutrition in a $1.8 billion deal through a combination of

cash and stock.

Akamai Technologies ( AKAM ) dropped 9.2% as the

cybersecurity company forecast annual 2025 revenue below

estimates.