Last updated March 12, 2010: 8:15 AM ET --- U.S. stock futures are trading higher Friday as investors await economic reports that may give more guidance on the economic recovery. The Commerce Department reported that retail sales were up 0.3% in February, and up 0.8% excluding automobiles. The Commerce Department is also expected to report that business inventories rose 0.2% in January. Also due out is the Reuters/University of Michigan consumer sentiment index for March. In corporate news, JP Morgan (NYSE:JPM) and Citigroup (NYSE:C) may be in the spotlight after a court-appointed examiner said that demands for collateral helped to drive Lehman Brothers into bankruptcy. The Dow Jones Industrial Average (DJI) futures are trading 20.00 points above fair value, the S&P500 (INX) is trading 2.30 points above fair value, and the Nasdaq Composite (IXIC) futures are trading 2.00 points above fair value.