1. Markets status

U.S. stock futures are slipping, alongside European markets and most Asian indexes.

Market strategists are pointing the finger at the head of the European Central Bank, Mario Draghi, who opted on Thursday to hold steady on the bank's current money printing program.

Some analysts had been expecting he would extend the program past March 2017 to give a further boost to Europe's sluggish economy. Instead, the ECB didn't even discuss an extension.

Many traders expect the Federal Reserve will raise interest rates later this year because the U.S. economy has become stronger and unemployment has fallen sharply.

2. Tech giants in trouble?

Shares in Samsung dropped by nearly 4% in South Korean trading on Friday as further bad news came out about its Galaxy Note 7 smartphones.

Air travelers are being warned not to use the Samsung phones on planes after the company recalled the devices over complaints the batteries can catch fire.

The U.S. Federal Aviation Administration warned airline passengers "not to turn on or charge these devices on board aircraft and not to stow them in any checked baggage."

Meanwhile, Apple is facing a backlash on social media from customers who are facing a long wait for the jet black version of the new iPhone 7 because of a huge order backlog. It goes on sale next week.

3. Crude slipping

Crude oil futures are declining Friday after a big jump on Thursday.

Traders bid up oil yesterday after new data showed U.S. oil stockpiles plummeted last week in the biggest decline since January 1999.

The dramatic shift appears to have been fueled by last week's stormy weather along the U.S. East Coast.

Crude futures are slipping by about 1.5% Friday to trade around $47 per barrel.

4. Thursday recap

The key U.S. indexes were soft Thursday and European markets took a Draghi-inspired dip.

The Dow Jones industrial average shed 0.3%, the S&P 500 lost 0.2% and the Nasdaq dropped 0.5%.