(For a Reuters live blog on U.S., UK and European stock

markets, click LIVE/ or type LIVE/ in a news window.)

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Futures up: Dow 0.48%, S&P 500 0.73%, Nasdaq 0.99%

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Crown Castle ( CCI ) rises after $8.5 bln fiber assets sale

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Tesla up on report it is planning lower-cost model Y in

Shanghai

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Bullion miners up as gold prices cross $3,000 mark

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March consumer sentiment data due at 10:00 a.m. E.T

(Updates with analyst comment)

By Johann M Cherian and Pranav Kashyap

March 14 (Reuters) -

U.S. stock index futures rose on Friday, signaling a pause

from a week-long selloff triggered by fears of a growth slowdown

due to the Trump administration's erratic trade policies, while

gold stocks surged as the precious metal breached the $3,000

level.

The global financial landscape witnessed volatility

through the week, with the S&P 500 plunging into

correction territory, losing $4 trillion. The tech-laden Nasdaq

entered correction territory the previous week.

Investors scrambled to safe-haven assets, with gold

breaching

the psychological mark for the first time ever.

U.S.-listed stocks of bullion miners rose, with Barrick

Gold adding 1.3% and Gold Fields up 2% in

premarket trading.

Paul Williams, managing director of Solomon Global, said

about the rise in gold prices that it was a "direct response to

escalating trade tensions and the growing economic uncertainty

that this brings."

Anxiety about U.S. President Donald Trump's erratic

tariff policies has cast a shadow over investment prospects,

threatening to tip the U.S. economy into a phase of high

inflation and slowing growth.

U.S. tariffs on metal imports triggered swift

retaliation from Canada and the European Union. Trump has hinted

at further reciprocal tariffs in early April.

Some brokerages lowered their ratings on U.S. stocks and a

number of companies announced downbeat forecasts, citing

economic uncertainty.

All three indexes are on track for weekly declines, with the

benchmark index set for its longest weekly losing streak in

seven months. The blue-chip Dow is down about 9% from its

recent record high.

At 07:28 a.m. ET, Dow E-minis were up 197 points,

or 0.48%, S&P 500 E-minis rose 40.5 points, or 0.73%,

and Nasdaq 100 E-minis gained 191 points, or 0.99%.

The sharp selloff tempered U.S. stock valuations, with

various technical indicators signaling that the S&P 500 has

entered oversold territory. Analysts believe U.S. equities now

look set to rebound.

Megacaps and chip stocks, which bore the brunt of the

selloff, rose. Meta added 1.6%, Nvidia ( NVDA ) was up

2%, Broadcom ( AVGO ) climbed 2.1% and Apple ( AAPL ) edged up

0.6%.

Tesla rose 1.7% after Thursday's 3% slide at the

close. A report said the automaker will make a lower-cost

version of its best-selling Model Y in Shanghai, aiming to

regain ground lost during a price war in its second-largest

market.

The U.S. Senate was on the verge of passing a stopgap

spending bill to avert a partial government shutdown after

Democrats backed down in a standoff over Trump's campaign to

slash the federal workforce.

On the data front, the University of Michigan's survey of

consumer mood is expected at 10 a.m. ET. Economists polled by

Reuters expect the index to drop further to 63.1 from the

15-month low it hit in February.

The U.S. Federal Reserve's policy decisions will be in the

spotlight in the coming week, with traders betting that the

central bank would leave interest rates unchanged, according to

data compiled by LSEG.

Crown Castle ( CCI ) jumped 7.4% after it said it would sell

its fiber assets to two entities for $8.5 billion, nudged by

activist investor Elliott Investment Management.