(For a Reuters live blog on U.S., UK and European stock

markets, click or type LIVE/ in a news window.)

*

Futures up: Dow 0.66%, S&P 500 1.02%, Nasdaq 1.37%

*

Crown Castle ( CCI ) rises after $8.5 bln fiber assets sale

*

Tesla up on report it is planning lower-cost model Y in

Shanghai

*

Bullion miners up as gold prices cross $3,000 mark

*

March consumer sentiment data due at 10:00 a.m. E.T

(Updates to before markets open)

By Johann M Cherian and Pranav Kashyap

March 14 (Reuters) -

U.S. stocks were on track for a higher open on Friday

following a week-long selloff triggered by fears of a growth

slowdown due to the Trump administration's erratic trade

policies, while gold stocks rose as the precious metal breached

the $3,000 level.

The global financial landscape witnessed volatility

through the week, with the S&P 500 plunging into

correction territory, losing $4 trillion. The tech-laden Nasdaq

had entered correction territory the previous week.

Investors scrambled to safe-haven assets, with gold

breaching

the psychological mark for the first time ever.

U.S.-listed stocks of bullion miners rose, with Barrick

Gold gaining 1.9%, Gold Fields adding 2.3% and

Sibanye Stillwater up 3.1% in premarket trading.

"While we may be getting used to the chaos, it still

seems as though (U.S.) policy is being delivered in a haphazard

manner," said Art Hogan, chief market strategist at B Riley

Wealth. "It's a technical bounce in an oversold market."

The uncertainty stemming from U.S. President Donald

Trump's inconsistent tariff policies has cast a shadow over

investment prospects, threatening to tip the U.S. economy into a

phase of high inflation and slowing growth.

U.S. tariffs on metal imports triggered swift

retaliation from Canada and the European Union. Trump has

already hinted at further reciprocal tariffs in early April.

Some brokerages lowered their ratings on U.S. stocks and a

number of companies announced downbeat forecasts, citing

concerns about the economy.

All three indexes are on track for weekly declines, with the

benchmark index set for its longest weekly losing streak in

seven months. The blue-chip Dow is down about 9% from its

recent record high.

At 08:42 a.m. ET, Dow E-minis were up 268 points,

or 0.66%, S&P 500 E-minis were up 56.25 points, or

1.02%, and Nasdaq 100 E-minis were up 264 points, or

1.37%.

The sharp selloff has tempered U.S. stock valuations.

Technical indicators such as the relative strength index for the

S&P 500 show that the index has entered oversold territory and

analysts say U.S. equities may be poised for a rebound.

Megacaps and chip stocks, which bore the brunt of the week's

selloff, rose. Meta added 2.3%, Nvidia ( NVDA ) was up

2.7%, Broadcom ( AVGO ) climbed 2.5% and Apple ( AAPL ) edged

0.5% higher.

Tesla rose 2.2%. A report said the automaker will

make a lower-cost version of its best-selling Model Y in

Shanghai, aiming to regain ground lost during a price war in its

second-largest market.

The U.S. Senate was on the verge of passing a stopgap

spending bill to avert a partial government shutdown after

Democrats backed down in a standoff over Trump's campaign to

slash the federal workforce.

The University of Michigan's survey of consumer mood is

expected at 10 a.m. ET. Economists polled by Reuters expect the

index to drop further to 63.1 from the 15-month low it hit in

February.

The U.S. Federal Reserve's policy decisions will be in the

spotlight in the coming week, with traders betting that the

central bank will leave interest rates unchanged, according to

data compiled by LSEG.

Crown Castle ( CCI ) jumped 6.7% after it said it would sell

its fiber assets to two entities for $8.5 billion, nudged by

activist investor Elliott Investment Management.