U.S. stock index futures were trending lower Friday a day after the S&P 500 inched to a new record.

The S&P 500 Futures were off 4.00 points to 1976.75 points while the Nasdaq Futures were down 15.30 points to 3956.50 points.

At 8.30 a.m. Eastern Time, the Census Bureau will release data on durable goods orders for June. Economists expect orders rose 0.5% following a 0.9% decline in May.

Only a handful of companies are scheduled to report today including Xerox, and Stanley Black & Decker.

Earlier today, Asian markets ended mostly higher. European markets were in the red midday.