Here's everything you need to know before Friday's opening bell: 

  1. The Fed identified "widespread and critical deficiencies" in the capital-planning practices of DB USA, Deutsche Bank's (DB - Get Report) U.S. subsidiary.
  2. Nike (NKE - Get Report) said a renewed focus on direct-to-consumer sales helped lift overall sales by 12.8% to $9.79 billion.
  3. Novartis (NVS - Get Report) said it would spin off its eyecare unit, Alcon.
  4. Xiaomi's IPO in Hong Kong was priced at the bottom of an indicative range, raising $4.72 billion.
  5. U.S. stock futures rose.