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U.S. stock futures continued their upward streak Friday, as investors await the final reading of fourth-quarter GDP and shrug off geopolitical concerns.
Though unrest in the Middle East and Libya is spreading and Japan continues to deal with the effects of an earthquake, the market generally has trended higher this week.
University of Michigan's consumer sentiment survey for March. Economists expect a reading of 68.0 -- down slightly from 68.2 in February.
Mostly positive earnings news from the technology sector boosted U.S. stocks on Thursday, with all major indexes posting solid gains.
Companies: Shares of Oracle (ORCL) were up 4.7% in premarket, after the software company reported results late Thursday that were mostly in line with expectations. Oracle earnings grew by 78%, and sales rose 37% in the previous quarter. The company also raised its quarterly dividend to 6 cents a share.
Research in Motion (RIMM) shares plunged 12.1% in premarket trade, after the BlackBerry maker gave a weak first-quarter guidance late Thursday. RIMM's earnings were $1.78 per share, versus the $1.75 a share analysts had expected. Revenue rose 36% compared to last year, but still fell short of expectations.
Homebuilder KBHome (KBH) is scheduled to report its quarterly earnings results before the start of trade.
Oil for May delivery gained 17 cents, or 0.2%, to $105.77 a barrel.
Gold futures for April delivery added 80 cents, or less than 0.1%, to $1,435.70 an ounce.
The price on the benchmark 10-year U.S. Treasury fell, pushing the yield up to 3.40% from 3.39% late Thursday.
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