Meanwhile, the G-20 meeting is still in its midst. Leaders of the world's major economies are coming together on reforms to rein in huge bank bonuses, toughen financial regulations and guard against the dangerous imbalances that contributed to the recent global economic downturn. Also, they will decide if the G-20 nations will take over the responsibilites of the G-8 wealthiest nations, a move initiated by President Barack Obama.

Also affecting markets this morning are comments from the Fed Board Governor Kevin Warsh, who said Thursday the U.S. Federal Reserve may have to raise interest rates from their currently ultra-low setting near zero before the need to take action becomes obvious.

Overseas, Asia stock markets finished lower, following Wall Street's declines triggered by an unexpected drop in sales of existing homes. Investors grew concerned about the sustainability of this year's rally and the ability of world leaders to foster a healthy economic recovery. European shares, too, were modestly lower, while the dollar fell against major currencies and oil prices gained, hovering around $66 a barrel slightly after a two-day plunge.

Economic data released this morning includes August durable goods orders data, which is due out at 8:30 a.m. Eastern. Economists expect orders to have risen 0.4% after a 5.1% increase in July, thanks to the Cash-for-Clunkers program. Ex transportation, orders are expected to have risen 1% in August.

Then, before 10, the University of Michigan is set to issue a revised version of its September consumer sentiment survey, which is expected to show a slight rise.

Finally, as mentioned, more housing data is due out with new home sales for August also due out at 10 a.m. Sales are expected to have risen to a seasonally adjusted annual rate of 440,000, up from 433,000 in July.