NEW YORK (TheStreet) -- U.S. futures were moving slightly higher on Friday following better-than-expected domestic retail sales.
Dow Jones Industrial Average futures were up 0.07%, S&P 500 futures added 0.09% and Nasdaq futures climbed 0.07%. If the Dow and S&P 500 can finish higher on Friday the indices will notch another record-setting high.
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Core retail sales in October climbed 0.3% month on month, better than an estimated 0.2% increase. Retail sales in September slipped 0.3%.
European markets were trading lower on Friday after eurozone GDP data showed growth of just 0.2% in the third quarter, though this was as expected. France's economy expanded for the first time this year, growing by 0.3% quarter on quarter, while Germany posted a 0.1% gain. Greece outperformed the region, recording a 0.7% bump in GDP over the quarter.
Oilfield services company Baker Hughes (BHI) was surging after it confirmed preliminary talks with Halliburton (HAL) over a potential merger or acquisition. Baker Hughes spiked 15.2% before market close on Thursday and were adding another 5% premarket. Halliburton was up 2.3%.
Nordstrom (JWN) shares were adding 2.9% in premarket trading after the retailer posted a 9% jump in sales and beat earnings estimates.
Virgin America will make its market debut on the Nasdaq on Friday under the ticker ' (VA) .' Shares in the IPO of the Richard Branson-backed company were priced at $23 a share, raising more more than $300 million.