U.S. stocks are headed for a higher open, with futures up in pre-market activity. At 6:40 a.m. ET, futures tied to the broad S&P 500 index rose 0.66%, while blue-chip Dow futures jumped 0.44%. Tech-heavy Nasdaq futures gained 0.

US stock futures (ES=F, NQ=F, YM=F) are trading higher ahead of Friday's opening bell as the S&P 500 and Nasdaq are in correction, trading 10% off recent closing highs. A government shutdown is expected to be avoided,

President Donald Trump further escalated trade tensions on Thursday by threatening to impose a 200% tariff on European alcoholic beverages, including wines and champagnes, in retaliation for the European Union’s decision to levy a 50% tariff on American whiskey.

Simply sign up to the US equities myFT Digest -- delivered directly to your inbox. Wall Street stocks rallied on Friday at the end of a volatile week of trading as hopes grew that the US government will avoid a costly shutdown.

U.S. stocks climbed on Friday amid signs the federal government may avert a shutdown, recovering some of the losses suffered during an escalating trade war. The Dow Jones Industrial Average closed up 675 points,

The S&P 500 Index ($SPX) (SPY) today is up +1.42%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.99%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.91%. March E-mini S&P futures (ESH25) are up +1.

Stock futures slightly rose Friday morning following days of declines that pushed the S&P 500 into correction territory.