U.S. stock index futures indicated a higher open on Friday, ahead of some further data releases and following a record market close on Thursday. Traders on Friday will focus on May consumer sentiment and April's industrial production, after a week of mixed economic data pared economic growth forecasts for both the first and second quarter. Empire Manufacturing data is due at 8:30 a.m. ET and the University of Michigan's consumer sentiment is due at 10:00 a.m. ET. "The University of Michigan's preliminary consumer sentiment reading for May seems unlikely to advance significantly, with neither energy prices nor recent labor market data seemingly warranting a further increase in optimism," head of economic research at Daiwa Capital Markets, Chris Scicluna, said in a research note. The U.S. dollar recovered slightly on Friday, but held near recent lows, after the euro topped $1.14 for the first time since February on Thursday. In a quiet day for earnings, scandal-hit Petrobras is set to report after U.S. markets close. European equities were higher in morning trade on Friday as investor sentiment was buoyed by comments from Mario Draghi, president of the European Central Bank. Draghi said on Thursday that the central bank would "implement in full" its bond-buying program, which would stay in place "as long as needed." U.S. stocks closed one percent higher on Thursday as investors cheered further weakness in the dollar and calmer bond markets, amid mixed economic data. The S&P 500 set a new closing record with information technology jumping 1.7 percent to lead all 10 sectors higher.

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