Futures rise after volatile week; consumer data on tap

(Reuters) – U.S. stock index futures were higher on Friday, signaling a pause from a week-long selloff triggered by fears over the economic impact of the Trump administration’s erratic trade policies, while investors awaited a consumer confidence report later in the day. Global financial markets witnessed significant volatility during the week, with the S&P 500 confirming a correction and losing more than $4 trillion in value. Concerns are rife that U.S. President Donald Trump’s unpredictable tariff threats could stall investment and tip the world’s largest economy into a period of high inflation and slowing growth. U.S. tariffs on metal imports…