A week that began with a dramatic rapprochement on trade between the U.S. and China is drawing to a close more quietly.

Stock futures ticked higher early Friday, putting the S&P 500 on course for a five-day winning streak. Results weighed on Applied Materials $(AMAT)$ and Take-Two $(TTWO)$ stock in off-hours trading.

Up ahead, investors will scrutinize housing-starts data, due at 8:30 a.m. ET, and a first readout on consumer sentiment for May from the University of Michigan. Economists expect a modest pickup from April, when concerns about trade, jobs and prices fed into one of the gloomiest readings in the survey's decadeslong history.

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(END) Dow Jones Newswires

May 16, 2025 06:39 ET (10:39 GMT)

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