U.S. equity futures slipped lower in early Friday trading, while Treasury yields and the dollar held steady, as markets continue to express caution over the prospects of a global trade war while eyeing a key inflation reading prior to the opening bell.

U.S. stock futures were little down on early Friday as investors assessed ongoing tariff concerns and awaited a key inflation gauge. Dow Jones Industrial Average futures slips 19 points, or 0.04%. S&P 500 futures and Nasdaq 100 futures were down by 0.

U.S. stock futures are edging lower as investors await key inflation data today, and shares of General Motors continue to fall following President Donald Trump's announcement of tariffs on auto imports.

Investors looked ahead to the latest reading of the personal consumption expenditures price index, due on Friday.

U.S. stocks are falling following discouraging updates on inflation and how much U.S. households may be willing to spend. The S&P 500 fell 1.5% Friday.

US stocks fell sharply on Friday as Wall Street grappled with President Trump's escalating trade war and weighed signs of reinvigorated inflation pressures as consumer sentiment plummets. The major averages fell on Friday after the release of a hotter-than-expected Personal Consumption Expenditures index reading,

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Trump's decision to forge ahead with a 25% tariff on auto imports - set to take effect next week - sent shockwaves through global markets, inciting backlash from lawmakers and industry leaders worldwide.

Dow Jones, S&P 500 and Nasdaq were up Monday and early Tuesday but consumers still lack confidence in economy.