U.S. stock-index futures surged on Friday after a slew of solid earnings reports and on thinking the Federal Reserve might delay the tapering of its stimulus due to a softening global economy.
Futures maintained strong gains after data had housing starts rising 6.3 percent in September after climbing 12.8 percent in August.
Fed Chair Janet Yellen on Friday voiced concern about income inequality in the United States, saying the wealthiest five percent hold two-thirds of all assets.
General Electric shares advanced after the company reported third-quarter earnings that beat expectations. Morgan Stanley rose after tallying an 87 percent increase in third-quarter earnings
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