US stock market ready to close week with gains

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U.S. stock futures traded slightly higher Friday, and the market looked ready to finish off a turbulent week with solid gains.

KEEPING SCORE: Dow Jones industrial average futures were up 31 points, or 0.2 percent, to 16,296 a half hour before the market opened. Standard & Poor's 500 index futures were up four points, or 0.3 percent, to 1,871 and Nasdaq futures were up 10 points, or 0.3 percent, to 3,702. All three major indexes are up 1.7 percent for the week.

SWOOSH: Nike said strong demand for its shoes and apparel ahead of the World Cup in June helped its quarterly earnings beat expectations. But the company said the stronger dollar will likely dampen sales this quarter. The company's shares slipped 3 percent in premarket trading Friday.

EUROPE: Most major indexes were higher in Europe, including Germany's DAX, up 0.4 percent and France's CAC-40, up 0.3 percent. Britain's FTSE 100 also edged up 0.3 percent.

ASIA: Hong Kong's Hang Seng gained 1.2 percent. In mainland China, the Shanghai Composite Index advanced 2.7 percent. Japanese markets were closed for a public holiday.

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