India, April 24 -- The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to move back to the upside following the weakness seen in the previous session.

A spike by shares of Intel (INTC) may generate early buying interest, as the semiconductor giant is soaring by more than 25 percent in pre-market trading.

The surge by Intel comes after the chipmaker reported much better than expected first quarter earnings and forecast second quarter revenues above analyst estimates.

Consumer products giant Procter & Gamble (PG) is also seeing notable pre-market strength after reporting fiscal third quarter results that exceeded expectations.

Positive sentiment may also be generated in reaction to a pullback...