US pre-open: Futures point to flat open after another record close

US futures were pointing to a flat open on Friday as investors continued to mull over news of the US President's impeachment.

As of 1230 GMT, Dow futures were up 0.08%, while S&P 500 and Nasdaq-100 futures were ahead 0.01% and 0.05%, respectively.

Stocks hit record highs on Thursday as investors shrugged off news of President Trump's impeachment amid mixed economic data.

It was a record high close for all three indices and the Nasdaq's gain was its seventh day of increases on the trot.

Market focus was still on trade news as Treasury Secretary Steven Mnuchin said late on Thursday that he had no doubt trade negotiators would sign their "phase one" deal in early January.

Oanda's Craig Elam said: "US Treasury Secretary Steve Mnuchin sought to assure investors that the phase one trade deal with China will be ready to sign at the beginning of January, after undergoing a 'technical scrub'.

"I'm not quite sure what that means exactly, but hopefully this isn't the same 'done' as we were told in October because those final details took some time to iron out."

On the data front, third-quarter gross domestic product figures will be posted at 1330 GMT, while personal income and consumer spending for November, core personal consumption expenditures for November and the latest Kansas City Federal Reserve survey will be released later in the session.

In corporate news, Carnival and Winnebago were both slated to report earnings on Friday.