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NEW YORK (CNNMoney)
Friday is expected to be a quiet trading day before the three-day Labor Day weekend, but investors are waiting for a few economic reports.
Data on U.S. personal income and spending in July will be released at 8:30 a.m ET, and the University of Michigan will release its latest consumer confidence survey at 9:55 a.m.
Concerns over Syria have for now receded, contributing to a relatively placid mood in the markets. The possibility of military action sparked market volatility earlier.
Related: Fear & Greed Index
U.S. stocks closed higher Thursday on better-than-expected readings on U.S. gross domestic product and initial jobless claims.
Salesforce.com (CRM)shares jumped after hours after it reported better than expected revenue and income.
Krispy Kreme (KKD) shares plunged in after-hours trading as it missed earnings estimates and lowered its full-year guidance.
European markets were shifting lower in morning trading, with Germany's Dax dropping by nearly 1%.
Asian markets ended the week with some tepid moves. Both the Hang Seng and Shanghai Composite index were essentially flat at the close. Japan's Nikkei lost 0.5%. 
First Published: August 30, 2013: 5:29 AM ET
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