Stock index futures traded in the red on Friday, as Nasdaq futures were under the pump amid concerns of weakness in the tech sector.

S&P 500 futures (SPX) -0.2%, Nasdaq 100 futures (US100:IND) -0.4%, and Dow futures (INDU) -0.3%.

The 10-year Treasury yield (US10Y) was down 2 basis points to 4.40%. The 2-year yield (US2Y) fell 2 basis points to 4.34%.

Major equity averages closed higher on Thursday, helped by Nvidia (NVDA) shares escaping negative territory, while market investors saw bitcoin (BTC-USD) surge past another milestone toward $100,000.

"Markets continued to make steady gains yesterday, with the S&P 500 (+0.53%) up for a 4th consecutive session. Moreover, perceived safe havens did very well because of growing geopolitical fears," Deutsche Bank's Henry Allen said.

"The main downward pressure came from the big tech stocks, with the Magnificent 7 slumping. That followed a decline for Alphabet," Allen added.

Google's parent fell as the U.S. Justice Department (DOJ) sought the sale of Google's Chrome web browser as it aims to end the company's monopoly on online searches.

On the economic calendar, the November PMI composite flash and the November consumer sentiment reports will land during market hours. The latter is expected to come in at 73.

"The dubious nature of consumer sentiment data will be displayed with Michigan sentiment figures. Other surveys suggest a decline in current economic conditions for Democrats, and transports of delight for the Republicans’ economic environment. It is possible this is nothing to do with the economy at all," UBS' Paul Donovan said.