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Stock Futures Inch Higher as Retail Sales Jump

U.S. stock futures turned slightly higher on Friday on a rush of banking earnings and after U.S. retail sales jumped in June.

S&P 500 futures were up 0.19%, Dow Jones Industrial Average futures gained 0.17%, and Nasdaq futures added 0.13%.

U.S. retail sales increased in June as consumers showed more confidence in spending than saving. Sales rose 0.6% last month, driven by big gains at home-improvement and garden retailers. Sales at stores such as Home Depot (HD) enjoyed their largest monthly gain in six years. Economists...