U.S. stock index futures up; chipmakers eyed

* U.S. stock index futures pointed to a slightly higher open
on Wall Street on Friday, with futures for the S&P 500 (SPc1: ) up
0.3 percent, Dow Jones (DJc1: ) futures up 0.1 percent and Nasdaq
100 (NDc1: ) futures up 0.4 percent at 0850 GMT.

* Technology shares will be in the spotlight after
chipmakers National Semiconductor (NSM.N: ) and Texas Instruments
Inc (TXN.N: ) issued quarterly financial targets that stoked
investor worries about a sluggish economy. [ID:nN09218365]

* Shares of National Semiconductor traded in Frankfurt
(NSM.F: ) were down 6.7 percent, while Texas Instrments shares
traded in Frankfurt (TXN.F: ) were down 0.4 percent.

* Smith & Wesson’s (SWHC.O: ) second-quarter forecast fell
short of estimates as the 158-year-old company saw demand for
firearms soften after rising sharply last year, sending its
shares down 10 percent. Its Frankfurt-traded shares (SMWS.F: )
were down 8.2 percent. [ID:nSGE6880JV]

* Video game publishers will be in focus after data showed
U.S. retail sales of video game equipment and software fell 10
percent in August, according to research group NPD, as the
industry continued a months-long slump. [ID:nN09212666]

* BP (BP.L: ) said it would delay the release of its third
quarter results by a week because of added complexities in its
accounts due to the Gulf of Mexico oil spill.

* Shares in Nokia (NOK1V.HE: ), the world’s top cellphone
maker, surged 5 percent after saying it brought in Microsoft’s
(MSFT.O: ) Stephen Elop to replace its embattled chief executive
and lead a renewed effort to compete in the smartphone market.
[ID:nLDE68903W]

* European stocks were down 0.5 percent in morning trade,
slipping from a four-month closing high hit in the previous
session, led lower by banking stocks which were hurt by reports
Deutsche Bank (DBKGn.DE: ) planned to raise capital. [.EU]

* Japan’s Nikkei average rose 1.6 percent on Friday, helped
by what players said was buying of futures and a slight
softening of the yen against the dollar. [.T]

* U.S. crude oil approached a three-week high near $76 after
a leak forced Enbridge to shut down the biggest pipeline
supplying Canadian oil to refineries in the Midwest and to a key
storage hub in Oklahoma.

* U.S. stocks (Read more about the stock market today. ) rose on Thursday afte stronger than expected
jobs and trade data helped lift optimism about the economic
recovery, although sentiment was fragile as investors fretted
over European banks.

* The Dow Jones industrial average (.DJI: ) gained 28.23
points, or 0.3 percent, to 10,415.24. The Standard & Poor’s 500
Index (.SPX: ) rose 5.31 points, or 0.5 percent, to 1,104.18. The
Nasdaq Composite Index (.IXIC: ) added 7.33 points, or 0.3
percent, to 2,236.20.
(Reporting by Blaise Robinson; Editing by Dan Lalor)

U.S. stock index futures up; chipmakers eyed