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NEW YORK (CNNMoney)
On Thursday, the European Central Bank told the troubled nation it had until Monday to find a solution.
Cyprus's exit from the euro, while potentially disastrous for the island nation, wouldn't likely destabilize the European economy on its own.
But investors are watching to see how the situation is resolved and if it could set a precedent for larger economies that may face similarly dire straits in the future.
U.S. stock futures were little changed ahead of the opening bell Friday.
Back in the United States on Friday, restaurant operator Darden Restaurant (DRI, Fortune 500)is scheduled to report quarterly results before the opening bell.
U.S. stocks fell Thursday, with technology stocks weighing on the broader market following lackluster earnings from Oracle (ORCL, Fortune 500).
Nike (NKE, Fortune 500) shares surged in after-hours trading Thursday after the apparel giant reported quarterly earnings that beat expectations.
Related: Fear & Greed Index slips back to greed
European markets edged lower in morning trading, while Asian markets ended mixed. The Shanghai Composite added 0.2%, while the Hang Seng lost 0.5% and the Nikkei declined 2.4%. 
First Published: March 22, 2013: 6:10 AM ET
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