Stock index futures pointed to a higher open on Wall Street on Friday, after surging to multi-year highs on Thursday after the Federal Reserve announced an aggressive plan to stimulate the economy, encouraging investors to dive back into the market.
Futures for the S&P 500 were up 0.21 percent, Dow Jones futures were up 0.22 percent and Nasdaq 100 futures 0.38 percent higher at 0830 GMT.
Risk assets from shares to commodities rallied, the dollar fell to its lowest level since May and Italian bond yields slipped on Friday as investors reacted positively to the Federal Reserve's stimulus plan.
Gold rose to a six-month high, extending the previous session's 2 percent gain, as the Fed's stimulus program could add to the risk of inflation and strengthen bullion's appeal.
Home Depot Inc
Ford Motor Co's
Western Digital Corp
Bank of America Corp
Several private equity firms including Bain Capital are considering a buyout offer for retailer Staples Inc
U.S. securities regulators do not plan to take any action stemming from an investigation into whether Avon Products Inc
Defense equipment maker Chemring
On the macro front, investors awaited a flurry of data, including the August consumer price index, due at 1230 GMT, August retail sales, due at 1230 GMT, as well as the Thomson Reuters/University of Michigan September preliminary consumer sentiment index, due at 1355 GMT. Economists expect a reading of 74.0 compared with 74.3 in the final August report.
The Dow Jones industrial average <.DJI> ended up 206.51 points, or 1.55 percent, to 13,539.86 on Thursday. The Standard & Poor's 500 Index <.SPX> closed up 23.43 points, or 1.63 percent, to 1,459.99. The Nasdaq Composite Index <.IXIC> rose 41.51 points, or 1.33 percent, to 3,155.83.
(Reporting by Blaise Robinson; Editing by Susan Fenton)