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() - The major U.S. index futures are pointing to a modestly lower opening on Friday, with the resilience of the markets likely to be put to test in today’s session. The lack of any major economic and corporate news will make it difficult for traders to make decisive moves. The indecision was clearly reflected in the Doji candle pattern formed by the major averages in the previous two sessions. Although major moves are unlikely as we go into the weekend, volatility associated with ‘quadruple witching’ could lead to big swings.

Although U.S. stocks opened Thursday’s session higher, a string of negative economic data released in the morning generated selling pressure in the markets in early trading. Thereafter, the major averages retreated and languished below the unchanged line for much of the remainder of the session before recovering in late trading. All three of the major averages closed modestly higher.

The Dow Industrials added 24.71 points or 0.24% to close at 10,434 and the S&P 500 Index lost 1.43 points or 0.13%, closing at 1,116. Meanwhile, the Nasdaq Composite Index ended 1.23 points or 0.05% higher at 2,307.

Fifteen of the thirty Dow components closed the session higher, with General Electric (GE), Travelers Co. (TRV) and Procter & Gamble (PG) advancing notably in the session. On the other hand, Alcoa (AA) fell 2.02%.

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