07:21 AM EDT, 03/14/2025 (MT Newswires) -- US equity futures were tracking in the green before the open Friday after the S&P 500 closed the previous session in correction territory.

Standard & Poor's 500 futures increased 0.6%, staging a comeback after a 1.4% slide on Thursday drove the index down 10.1% from its most recent record close, entering a correction. The Dow Jones Industrial Average rose 0.4% and the Nasdaq added 0.8% in premarket activity.

The majority of Asian exchanges were pointing higher, while European bourses were trending upwards midday on the continent.

Market sentiment has soured in recent weeks amid increasing tariff uncertainties.

The Bureau of Labor Statistics on Thursday reported that producer prices in the US were flat last month, marking a slowdown sequentially as wholesale costs of services declined. On Wednesday, government data showed that consumer inflation decelerated more than expected in February.

Shares of DocuSign ( DOCU ) advanced 10% pre-bell as the electronic signature company reported better-than-expected fiscal fourth-quarter results. Ulta Beauty ( ULTA ) grew 7.2% as the company recorded quarterly results above market estimates.

Li Auto's ( LI ) (LI) US-listed shares fell 4.9% early Friday after the Chinese electric vehicle maker issued a downbeat revenue outlook for the ongoing quarter. WeRide ( WRD ) , RLX Technology ( RLX ) and Buckle (BKE) also report their latest financial results before the bell, among others.

On the economic calendar, the preliminary University of Michigan consumer sentiment report for March posts at 10 am ET, followed by the weekly Baker Hughes domestic oil-and-gas rig count at 1 pm.

Before the opening bell, bitcoin gained 3.6% to $83,218, West Texas Intermediate crude oil inclined nearly 1% to $67.20 a barrel, yields on 10-year Treasuries climbed 2.1 basis points to almost 4.3% and gold edged 0.5% higher to $3,008 an ounce.