U.S. stock index futures edged lower on Friday, pausing after the previous session's rally set Wall Street's main indexes on track for weekly gains following the Federal Reserve's pivotal stance on monetary policy earlier in the week.

U.S. stock futures were headed for a very quiet opening early on Friday after a week of gains, with the focus still firmly on the Federal Reserve’s monetary-policy meeting next week. Dow Jones Industrial Average futures were down one point,

U.S. stock index futures jumped on Thursday, with those linked to the tech-heavy Nasdaq climbing 2% after the Federal Reserve started its easing cycle with a jumbo 50-basis-point cut to interest rates,

FedEx turned in weak quarterly results Thursday, which has led to a steep stock drop as well as a bevy of price target cuts and downgrades from Wall Street on Friday. Still, analysts for the most part aren’t giving up on shares yet despite some near-term pain.

Futures on the fed funds rate, which measures the cost of unsecured overnight loans between banks, have priced in on Wednesday about 76 basis points of additional rate cuts by the Federal Reserve by the end of the year,

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U.S. stocks are hovering around the records they set the day before during a worldwide rally. The S&P 500 slipped 0.2% in afternoon trading Friday but is still on track

U.S. stock index futures edged lower on Friday, taking a pause from the previous session's rally that set Wall Street's main indexes on track for weekly gains after the Federal Reserve took a pivotal stance on monetary policy earlier in the week.

A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs hit during a worldwide rally