07:23 AM EDT, 09/13/2024 (MT Newswires) -- Wall Street futures pointed modestly higher pre-bell Friday, as traders mulled the probable size of the Federal Reserve's pending rate cut, expected at the conclusion of the central bank's policy session next week.

In the futures, the S&P 500 rose 0.2%, the Nasdaq inclined 0.1% and the Dow Jones was up 0.2%.

Yields on benchmark US 10-year Treasuries held under 3.65%, while gold again struck new zeniths, in morning action.

Asian exchanges traded unevenly overnight, while European bourses tracked moderately north midday on the continent.

RH (RH) rose more than 20% pre-bell after the home furnishings retailer posted Q2 results and upped guidance.

On the economic calendar is the import and export price bulletin for August at 8:30 am ER, followed by the University of Michigan consumer sentiment bulletin for September at 10 am.

The weekly Baker Hughes domestic oil-and-gas rig count posts at 1 pm.

In premarket action, Bitcoin traded at $58,142, West Texas Intermediate crude oil traded higher at $69.75, and 10-year US Treasuries offered 3.64%. Spot gold traded for $2,566 an ounce, testing all-time record highs.