Niocorp Developments Ltd (NB)

[PutzMueler]

The major U.S. index futures are pointing to a higher opening on Friday following the mixed performance seen in the previous session. Early buying interest may be generated in reaction to news that Senate Republicans approved a budget resolution that will serve as the legislative vehicle for their tax reform plan.

The non-binding budget resolution unlocks the reconciliation process, allowing Republicans to pass their tax reform plan with a simple 51-vote majority in the Senate.

The Senate voted 51 to 47 in favor of the measure, with the vote largely coming down along party lines. Senator Rand Paul, R-Ken., was the only Republican to vote against the resolution.

"This now allows for the passage of large scale Tax Cuts (and Reform), which will be the biggest in the history of our country!" President Donald Trump said in a post on Twitter.