The market mood appears to have improved after Thursday's inflation-induced sell-off, with stock futures rising modestly early Friday. Earnings news has been largely negative, potentially acting as a pushback. Bond yields are slipping as traders continue to harbor hopes that the Federal Reserve, led byJerome Powell,would lean toward a dovish stance and signal rate cuts at the upcoming meetings.

Traders may also sift through a few key economic reports due for the day with an eye on the upcoming week's Fed meeting.

Cues From Previous Session:

The much hotter-than-expected February producer price...