US stocks look set to open lower in Friday's trading session as investors were disappointed by Intel's (INTC) lower-than-expected outlook, and supply disruption warning.

The Dow Jones Industrial Average futures were off 0.4%, S&P 500 futures were down 0.2%, and Nasdaq futures were 0.3% lower.

Oil prices were rising, with front-month global benchmarks Brent crude and West Texas Intermediate crude up 1.9% and 2%, respectively.

In other world markets, Japan's Nikkei gained 0.3%, Hong Kong's Hang Seng rose 0.5%, and China's Shanghai Composite increased 0.3%. Meanwhile in Europe's early afternoon session, the UK's FTSE 100 and Germany's DAX were little changed, while France's CAC was down 0.3%.

The S&P Global US Manufacturing PMI for January, due at 9:45 am ET, is expected to rise to 52.0 from 51.8, while the S&P Global US Composite PMI is forecast to increase to 53.0 from 52.7, according to Bloomberg.

Meanwhile, the University of Michigan Consumer Sentiment Index, due at 10 am ET, will likely remain unchanged at 54.0, according to Bloomberg.

In equities, shares of Diginex (DGNX) surged 40% in Friday's premarket activity after it said Friday that it has signed a joint venture framework agreement with BGlobal. Shares of Life360 (LIF) advanced 24% after the company lifted its full-year revenue guidance overnight. And shares of Sigma Lithium (SGML) climbed 14% after it reported Friday that it sold an additional 100,000 tonnes of high purity lithium fines.

On the losing side, shares of Intel (INTC) tumbled 12% after the company's Q1 outlook disappointed investors, as it warned of supply disruptions. Intel also reported a year-over-year decrease in Q4, with RBC Capital Markets expecting it to deliver a "slight" quarterly beat amid robust server demand.

Other notable decliners include Aurelion (AURE), which is down 14%, nearly cancelling out the previous session's 16% gain. And New Era Energy & Digital (NUAI), which dropped 10%, erasing more than half of Thursday's 18% gain.