Stock futures were bouncing back early Friday after retreating enough on Thursday to push the S&P 500 into a correction. A correction is when the index falls 10% from its most recent peak and is seen as an important marker for traders.

U.S. equities followed European stocks higher on Friday to end a bumpy week on a positive note, although safe-haven gold hit a record high with investors still showing some signs of anxiety about the economic impact of tariffs.