07:00 AM EST, 02/14/2025 (MT Newswires) -- US equity futures were pointing lower on Friday as traders digest inflation data from earlier in the week and await the retail sales report for January.

Standard & Poor's 500 and the Nasdaq declined 0.2% each in premarket activity while the Dow Jones Industrial Average was off 0.4%. Most Asian and European exchanges were trending upwards.

The Bureau of Labor Statistics on Thursday reported that US producer price growth rose more than Wall Street's expectations last month. On Wednesday, government data showed that consumer inflation accelerated in January on both sequential and annual bases.

On Friday's economic calendar, the retail sales data and the import and export prices report, both for last month, are out at 8:30 am ET. The industrial production bulletin for January posts at 9:15 am, followed by business inventories report for December at 10 am.

The weekly Baker Hughes domestic oil-and-gas rig count is scheduled for a 1 pm release. Federal Reserve Bank of Dallas President Lorie Logan is slated to speak at 3 pm.

Shares of Applied Materials ( AMAT ) dropped 5.1% pre-bell as the semiconductor equipment manufacturer issued a downbeat fiscal second-quarter revenue outlook at the midpoint. Airbnb ( ABNB ) jumped 13% as the vacation rental company reported a bigger-than-expected fourth-quarter profit. Palo Alto Networks ( PANW ) declined 5.7% following its quarterly results.

Enbridge ( ENB ) , Fortis ( FTS ) , Moderna ( MRNA ) , Magna International ( MGA ) , Essent Group ( ESNT ) , Portland General Electric ( POR ) , Newmark Group ( NMRK ) and Treehouse Foods ( THS ) report their latest financial results early Friday, among others.

Before the opening bell, bitcoin inclined 0.7% to $96,830, West Texas Intermediate crude oil slipped 0.1% to $71.24 per barrel, yields on 10-year Treasuries nudged 0.8 basis points higher to 4.53% and gold rose 0.4% to $2,958 an ounce.