The major index futures are currently pointing to a sharply higher open for the markets, ... For the week, the S&P 500 gave up 2.6 percent, while the Nasdaq and the Dow both plunged by 2.5 percent.

U.S. stock futures ticked up Friday morning, supported by a mostly upbeat earnings season even as several major names posted sharp premarket moves. Investors are also turning their attention to the Federal Reserve’s upcoming policy meeting next week.