Stock futures are lower after a second estimate showed that the US economy shrank by 0.7% in the first quarter.
Near 8:45 a.m. ET, Dow futures were down 46 points, S&P 500 futures were down 5.5 points, and Nasdaq futures were down 16.5 points.
The US dollar index firmed, rising to as much as 97.27. Gold gained as much as $US4 an ounce to around $US1,192.40.
The yield on the benchmark 10-year note fell to around 2.120%.
Economists had forecast that revised Gross Domestic Product for Q1 would come in at 0.9%, after the initial reading of 0.2%
Stocks closed lower on Thursday. The Nasdaq climbed to a closing high in the previous trading session.
The other economic data due today are the Chicago PMI at 9:45 a.m. ET and final Michigan Sentiment at 10:00 a.m.
Driller Baker Hughes will release the latest count of oil and gas rigs at 1:00 p.m.