Dow Jones futures edged lower early Friday, along with S&P 500 futures and Nasdaq futures. The Fed's inflation gauge will be released before the open. Costco WholesaleCOST, ZscalerZS, Ulta BeautyULTA and Dell TechnologiesDELL reported after the close.

Stock futures moved higher Thursday after a federal court struck down most of the Trump administration's tariffs, while the technology sector rallied following a strong earnings report from AI chipmaker Nvidia.