Futures markets in New York are pointing to a positive open for stocks Friday following Thursday’s declines.

In New York stocks closed lower is response to terrorist attacks in Istanbul. The Dow Jones industrial fell 71.04 points to close at 9,619.42. The S&P 500 shed 8.79 points to 1,033.65. The tech-heavy Nasdaq composite index dropped 17.73 points to finish at 1,881.92.

In Toronto, the S&P/TSX composite index posted a small gain of 8.69 points at 7,809.78.

The Canadian dollar is off 0.43¢ of a cent to US76.39¢ Friday morning, after Bank of Canada Govenor David Dodge said the central bank may have to cut interest rates if the loonie continues to soar. On Thursday, in an unusually strong statement on the currency, Dodge told a university audience in St. John’s that if the dollar climbs too high, the bank may have to act.

There are no major economic reports scheduled to be released today in Canada or the United States Friday, so traders will focus on the dwindling number of corporate earnings reports.

Traders will also mull over news from Biovail. The drug maker said the U.S. Securities and Exchange Commission has opened an “informal inquiry” into its accounting for the past two years.

Overnight in Asia, most major indexes weakened in a delayed reaction to the terrorist attacks in Istanbul, which took place around the time most of those markets were closing Wednesday. Japan’s Nikkei fell 12.87 points to 9,852.83 after rising 251.10 points Thursday.

In Hong Kong, the Hang Seng Index slipped 5.61 points to 11,839.80.

European shares, however, have struggled past the bad news. Midday in Europe, London’s FTSE100 is up 0.2% at 4,318.1, while in Paris the CAC40 has gained 0.5% to 3,341.34. Frankfurt’s Dax is up 0.4% to 3,648.62.