US futures edge higher ahead of PMI data as Iran sanctions and oil remain in focus: Dow Jones, S&P, Nasdaq, Wall Street

US stock futures moved modestly higher on Friday as investors awaited fresh business activity data while continuing to assess renewed pressure in bond markets, corporate earnings and Washington’s plans to impose sweeping sanctions on Iran. Discount retailer Ross Stores (NASDAQ:ROST) was also in focus after raising its full-year earnings guidance following stronger-than-expected second-quarter results.