AM Markets Need to Know: F-35 sale, China tariffs, and more

[New York City and London multiple exposure image] Stock index futures were higher on Friday following Wall Street's rally on Thursday, while traders turned to comments from Federal Reserve officials for clues on the central bank's rate path. Here are the five news items investors should watch: F-35 SALE TO SAUDI ARABIA: The State Department approved a potential $24.3B sale of 48 Lockheed Martin (LMT [https://seekingalpha.com/symbol/LMT]) F-35 Lightning II aircraft to Saudi Arabia, along with 49 Pratt & Whitney F135-PW-100 engines and related equipment [https://seekingalpha.com/news/4644181-us-approves-potential-f-35-sale-to-saudi-arabia].