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Tech Tops Oil Pre-Bell on Wall Street; Asia Up, Europe Off

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Wall Street futures largely pointed higher on Wall Street after Intel (INTC) shares jumped 26.6% pre-bell, following the chipmaker's reported Q1 results late Thursday that blew past analyst estimates, alongside an upbeat revenue forecast.

In the futures, the S&P 500 rose 0.1%, the Nasdaq inclined 0.9% and the Dow Jones was off 0.2%.

Other tech outfits gained in morning hours on the Intel effect, led by a 10.5% rise in the shares of Advanced Micro Devices (AMD).

Ongoing Middle East tensions raised the price of West Texas Intermediate crude oil up 1.2% pre-bell, to $96.92 a barrel.

Asian exchanges traded unevenly higher overnight, while European bourses tracked moderately south midday on the continent.

On the economic calendar, the University of Michigan consumer sentiment bulletin for April posts at 10 am, followed by the weekly Baker Hughes domestic oil-and-gas rig count at 1 pm.

In premarket action, Bitcoin traded at $77,740, and 10-year US Treasuries offered 4.33%. Spot gold commanded $4,678 an ounce.

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