NEW YORK (TheStreet) -- Positive vibes over the Federal Reserve's cautious approach to interest rates, which pushed stocks to rally since Wednesday, has spilled over into Friday's session.
S&P 500 futures were up 0.29%, Dow Jones Industrial Average futures climbed 0.29% and Nasdaq futures added 0.43%.
On Thursday, the S&P 500 and Nasdaq soared more than 2% and the Dow rocketed 420 points higher, its largest advance since November 2011.
With no economic data due out Friday, trading could be more volatile than usual given it is a quadruple-witching session, one of four days of the year in which futures and options contracts expire at once.
Asian markets were markedly higher after the Bank of Japan maintained its stimulus measures and provided a more positive view on the world's third-largest economy. Japan's Nikkei closed 2.4% higher.
China's Shanghai Composite rose nearly 2% after the country increased its estimated GDP last year by 3.4%. China's central bank maintains a forecast of economic growth this year at 7.4%.
Xerox (XRX) shares were spiking 3.8% in premarket trading after the company agreed to sell its IT outsourcing arm to French firm Atos for $1.05 billion.
In earnings Friday, BlackBerry (BBRY) was diving 4% after revenue dropped by a third in its fiscal third quarter. Adjusted earnings of a penny beat expectations for a loss of 5 cents a share.
CarMax (KMX) added 6% as third-quarter profit beat forecasts and revenue jumped 16%.
Nike (NKE) , though it beat quarterly earnings forecasts, caused concern when it reported the slowest growth rate of future orders in four quarters. Shares were nearly 3% lower.
Red Hat (RHT) spiked more than 10% as third-quarter revenue jumped 15% and the company provided positive guidance for its fourth quarter.
--Written by Keris Alison Lahiff in New York.