Stock index futures up

PARIS (Reuters) - Stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures up 0.4 percent at 0850 GMT.

Technology shares will be in the spotlight after chipmakers National Semiconductor and Texas Instruments Inc issued quarterly financial targets that stoked investor worries about a sluggish economy.

Shares of National Semiconductor traded in Frankfurt were down 6.7 percent, while Texas Instruments shares traded in Frankfurt were down 0.4 percent.

Smith & Wesson's 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 were down 8.2 percent.

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.

BP 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 , the world's top cellphone maker, surged 5 percent after saying it brought in Microsoft's Stephen Elop to replace its embattled chief executive and lead a renewed effort to compete in the smartphone market.

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 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 rose on Thursday after 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)