Stocks: Poised to snap three
U.S. stocks have been declining this week as investors worry the Federal Reserve may decide to cut-back on its massive bond-buying program.
U.S. stock futures pointed to a firm start to trading Friday after markets endured a three-day losing streak.
The S&P 500 rose 0.3%, and the Dow Jones Industrial Average inched up 0.1% in premarket moves.
Markets have fallen in recent days as investors opted to take money off the table after a record-breaking run. The main U.S. indexes have shot up by 20% to 32% so far this year, supported by the Federal Reserve's $85-billion-per-month bond-buying program.
The Republican-controlled U.S. House approved a compromised federal budget agreement on Thursday which could raise the chance that the Fed will begin winding back its support for the economy soon.
A tapering decision might come as early as next week when the central bank holds its final policy meeting for the year.
Related: Fear & Greed Index
It's a light day for economic news. The U.S. Labor Department is due to release its monthly Producer Price Index at 8:30 a.m. ET.
Adobe shares surged in after-hours trading Thursday following quarterly sales results that came in ahead of expectations.
European markets were mixed in morning trading. Asian markets also diverged, with Japan's Nikkei closing up 0.4% while the Shanghai Composite ended the day lower. 
First Published: December 13, 2013: 5:53 AM ET
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