US STOCKS-S&P, Nasdaq futures inch up as Intel results ease trade worries

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* Futures: Dow off 0.01%, S&P 500 up 0.09%, Nasdaq up 0.15%

By Arjun Panchadar
Oct 25 (Reuters) - S&P 500 and Nasdaq futures edged higher
on Friday as robust earnings from Intel helped ease worries
about the impact of an ongoing trade war on chipmakers, but
underwhelming results from Amazon.com hit sentiment.
Intel's INTC.O results and upbeat forecast also helped
lift other chip stocks including Nvidia Corp NVDA.O , Advanced
Micro Devices AMD.O and Micron Technology MU.O , all of which
took a beating earlier in the week from a revenue warning by
sector proxy Texas Instruments TXN.O .
The benchmark S&P 500 index is set for its best week in six,
while the Nasdaq is eyeing its biggest percentage gain in seven
weeks after most high-profile companies reported rosy results.
Shares of Dow-component Verizon Communications Inc VZ.N
rose 1.3% as the U.S. wireless carrier beat analysts' quarterly
estimates for new subscribers who pay a monthly bill.
But a dour forecast for the crucial holiday shopping season
from Amazon.com Inc AMZN.O sent shares of the e-commerce giant
down 6.4%. At 7:25 a.m. ET, Dow e-minis 1YMcv1 were down 2 points, or
0.01%. S&P 500 e-minis EScv1 were up 3 points, or 0.1% and
Nasdaq 100 e-minis NQcv1 were up 11.5 points, or 0.15%.
Investors are also eyeing economic indicators to assess the
impact of the trade war on the domestic economy after data
earlier this month showed a sharp contraction in U.S.
manufacturing and a slowdown in the services sector.
A University of Michigan survey on consumer sentiment is
expected at 10:00 a.m. ET.
Among other stocks, Visa Inc V.N rose marginally after the
world's largest payment processor beat quarterly profit
estimates, helped by growth in overall customer spending.
Apparel maker VF Corp VFC.N fell 8% after reporting
lower-than-expected second-quarter revenue, hurt by sluggish
demand for its North Face and Vans brands. The next round of high-profile earnings, due next week,
includes Apple Inc AAPL.O , Alphabet Inc GOOGL.O , Pfizer Inc
PFE.N and Merck & Co Inc MRK.N .