India, July 24 -- US stock futures traded higher on Friday, signaling a potential rebound after Wall Street suffered a sharp selloff in the previous session. Investor sentiment improved as oil prices retreated from recent highs and stronger-than-expected earnings from Intel provided support, although geopolitical tensions in the Middle East continued to keep markets on edge.

The gains follow Thursday's broad market decline, when rising crude oil prices and disappointing earnings from major technology companies weighed heavily on investor confidence.

Dow Futures Jump Over 200 Points

Dow Jones Industrial Average futures rose 213 points, or 0.4%, leading gains among the major U.S. index futures. The rebound comes after the Dow fell more t...