London stocks were set to fall at the open on Friday following a fresh record close in the previous session.
The FTSE 100 was called to open around 35 points lower.
Investors will be mulling results overnight from tech giants Apple and Amazon.
Ipek Ozkardeskaya, senior analyst at Swissquote, said: "Apple and Amazon extended the streak of better-than-expected results after the bell. Apple - not the market's hottest AI play - beat forecasts on strong iPhone sales and upbeat holiday guidance. Amazon delivered its fastest AWS growth since 2022, a relief for investors who had questioned its - and its peers' - heavy data-centre spending.
"In reality, these firms are racing to meet demand that, according to Microsoft, is running well ahead of their capacity. With AI applications expected to double computing needs every 9 to 18 months, supply is struggling to keep pace. That makes today's spending look aggressive - but necessary. Until we see signs of oversupply, there's little reason to worry about capex excess.
"Overall, Big Tech wrapped up the earnings season on solid footing despite mixed price reactions - largely a Fed-driven sentiment issue rather than a fundamental one. Nasdaq futures are higher this morning, buoyed by Amazon's 13% post-earnings jump - the biggest among the 'Magnificent Seven' this week."
On home shores, the latest figures from Nationwide showed that house price growth eased a little in October.
Prices were up 0.3% on the month, down from 0.5% growth in September.
On the year, however, house prices rose 2.4%, up from 2.2% the month before.
The average price of a home stood at £272,226 in October, up from £271,995 a month earlier.
Nationwide chief economist Robert Gardner said: "The housing market has remained broadly stable in recent months, with house prices rising at a modest pace and the number of mortgages approved for house purchase maintained at similar levels to those prevailing before the pandemic struck.
"Against a backdrop of subdued consumer confidence and signs of weakening in the labour market, this performance indicates resilience, especially since mortgage rates are more than double the level they were before Covid struck and house prices are close to all-time highs.
"Looking forward, housing affordability is likely to improve modestly if income growth continues to outpace house price growth as we expect. Borrowing costs are also likely to moderate a little further if Bank Rate is lowered again in the coming quarters.
"This should support buyer demand, especially since household balance sheets are strong - indeed, in aggregate the ratio of household debt to disposable income is at its lowest for two decades."
In corporate news, precious metals miner Fresnillo said it has agreed to buy Canadian exploration company Probe for approximately CAD $780m (£424m) in an all-cash deal.
Fresnillo the acquisition marked a "strategic entry into Canada" and the "prolific" Val d'Or Mining camp in Quebec, which has a long-standing history of gold mining and continued production growth.
It also said it had added a large resource base of 10m ounces of gold, including 8m ounces of gold at its flagship project, Novador.
Low-cost computing firm Raspberry Pi said chief financial officer Richard Boult would step down in the second half of 2026, after seven years in the job to "explore new challenges".
A formal search process has been started, the company said.
Renewables infrastructure investor Octopus Renewables Infrastructure Trust said it has sold an 80% stake in the offshore wind development arm of investee company Simply Blue Group.
The sale, to Kansai Electric Power Company for an undisclosed sum, "represents the next step in realising value from ORIT's investment", the company said in a statement.