U.S. stock futures advanced on Friday following Thursday’s positive moves. Futures of major benchmark indices were higher.

Amid the delay caused by the impending government shutdown, the Bureau of Labor Statistics is scheduled to release the September Consumer Price Index (CPI) report today.

Meanwhile, trade relations with America's closest ally cratered, with President Donald Trump stating on social media, "ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED," over a dispute involving an anti-tariff advertisement by Canada.