Stock futures rose Friday following a losing session that dragged the S&P 500 into correction territory. Futures tied to the S&P 500 added 0.9%, while Nasdaq-100 futures advanced 1.2%. Dow Jones Industrial Average futures gained 230 points, or 0.6%. Sentiment on Wall Street got a boost Friday as it appeared a government shutdown would be avoided. Senate minority leader Chuck Schumer, D-N.Y., said he wouldn’t block a Republican government funding bill. A 1.4% drop on Thursday dragged the S&P 500 down 10.1% from its record close notched last month, bringing it officially into a correction. This is defined as a decline of at least 10% from a recent high. The 30-stock Dow and Nasdaq Composite slid 1.3% and about 2%, respectively, in the session. With Thursday’s decline, the Nasdaq fell further into correction territory and is now down more than 10% this year . The small cap-focused Russell 2000 has dropped around 19% from its recent high, meaning it’s closing in on a bear market, or a drawdown of 20%. That marks another milestone in the pullback that has gripped investors over the past three weeks as President Donald Trump’s on-again-off-again tariff policy drove up uncertainty and market volatility. All three major indexes have dropped more than 4% this week. The Dow is on track for its second straight losing week and worst weekly decline since June 2022. This would be the fourth negative week in a row for the S&P 500 and Nasdaq. “In only a few weeks, the broader market has gone from record highs to correction territory,” said Adam Turnquist, chief technical strategist for LPL Financial. “Tariff uncertainty has captured most of the blame for the selling pressure and is exacerbating economic growth concerns.” Consumer sentiment stats due Friday morning round out a busy week of economic data that included key inflation reports. Investors are also gearing up for the Federal Reserve policy meeting scheduled for next week, where fed funds futures are pricing in a 97% likelihood of interest rates holding steady, according to CME’s FedWatch tool. U.S. Treasury yields rose on Friday as investors awaited consumer sentiment data and were relieved by tame inflation data this week. The benchmark 10-year Treasury yield was more than 4 basis points higher at 4.318%. The 2-year Treasury yield was up less than 3 basis points at 3.979%. Asia-Pacific markets mostly rose on Friday despite a plunge in all three benchmarks in the U.S. over the previous session amid concern about President Donald Trump’s tariff plans. Mainland China’s CSI 300 led gains in Asia, rising 2.43% to end the day at a three-month high of 4,006.56. This follows stronger movements in the healthcare, consumer cyclicals and non-cyclicals sectors. Hong Kong’s Hang Seng Index rose 2.12% to end the day at 23,959.98. In Japan, the benchmark Nikkei 225 ended the day 0.72% higher at 37,053.10, while the broader Topix index rose 0.65% to 2,715.85. South Korea’s Kospi index lost 0.28% to close at 2,566.36 while the small-cap Kosdaq advanced 1.59% to 734.26. Australia’s S&P/ASX 200 ended the trading day 0.52% higher at 7,789.70. Oil prices rebounded on Friday after a more than 1% loss in the previous session, partly due to the diminishing prospects of a quick end to the Ukraine war that could bring back more Russian energy supplies to Western markets. Brent crude futures were up 54 cents, or 0.77%, to $70.42 a barrel, after settling 1.5% lower in the previous session. U.S. West Texas Intermediate crude was at $67.13 a barrel, up 58 cents, or 0.87%, after closing down 1.7% on Thursday. Prices are set to end the week more or less stable from last Friday, when Brent settled at $70.36 and WTI at $67.04. Gold pierced through the psychological milestone of $3,000 an ounce on Friday for the first time, building on an historic rally as trade tensions and U.S. rate cut bets supercharge its appeal as a safe store of value. Spot gold was up 0.3% at $2,997.75 an ounce after hitting a record high of $3,004.86. U.S. gold futures were up 0.6% to $3,009.10. Gold, traditionally viewed as a safe haven investment during times of inflation or economic volatility, has risen over 14% so far this year, driven in part by concerns over the impact of U.S. President Donald Trump’s tariffs and the recent selloff in stock markets. The global trade war that has roiled financial markets and raised recession fears is escalating, with Trump on Thursday threatening to slap a 200% tariff on alcohol imports from Europe.