Stocks index futures rose on Friday after a week-long sell-off, adding to a late rebound in the previous session as oil prices stabilized.

* In late trading on Thursday, the S&P 500 clawed back from early losses that were triggered by concerns that higher oil prices could stifle economic growth. The index ended down 0.1 percent but well off its lows.

* Brent crude hovered at around $112 on Friday, backing off highs, but the crisis in Libya continued to underpin prices.

* The U.N. Security Council was to meet to discuss sanctions against Libya leaders locked in a bloody battle for survival against a popular uprising.

* S&P 500 futures rose 9.6 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 78 points, and Nasdaq 100 futures added 19.25 points.

* The S&P 500 is down 2.7 percent for this week, partly on worries that political unrest in oil-rich Libya could spread to major oil-producing countries and result in persistently higher energy prices at the expense of a fragile global economic recovery.

* Macroeconomic data due Friday include U.S. fourth-quarter preliminary gross domestic product at 8:30 a.m. EST, and February's final Reuters/University of Michigan consumer sentiment survey at 9:55 a.m..

* In company news, Boeing Co rose 4.9 percent to $74.25 in premarket trade after the planemaker said late Thursday it won a $30 billion contract to build 179 new U.S. Air Force refueling planes.

* American International Group Inc rose 1 percent premarket after the bailed-out insurer reported a profit of$11.2 billion in the fourth quarter on asset sales.

* News Corp is exploring the sale or spin-off of its troubled MySpace social entertainment website, a source said.

* Almost one-third of Apple Inc shareholder votes cast were in favor of a proposal to disclose a succession plan for Chief Executive Steve Jobs, who took a third medical leave for unknown reasons.

* Among the companies scheduled to release earnings results include retailer JC Penney Co Inc .

(Reporting by Angela Moon editing by Jeffrey Benkoe)

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