U.S.
stock index futures were higher on Wednesday as the dollar retreated
from its largest gain in two years and as worries about Greece receded.
* In early European trading, the dollar was down around a third of one percent against a basket of currencies .DXY, after jumping 1.3 percent on Tuesday, its biggest rise since July 2013.
* Greece and its European creditors have also played down fears that Athens would default on a payment to the International Monetary Fund next week.
* U.S. stocks recorded their steepest fall in three weeks on Tuesday as the dollar rallied after buoyant data fueled expectations that an interest rate hike could come sooner rather than later.
* Applications for U.S. home mortgages fell last week as interest rates rose, an industry group said on Wednesday.
* Tiffany's (TIF.N) shares were up 6.6 percent to $91.19 in premarket trading after the luxury jeweler's quarterly profit beat estimates.
* Michael Kors Holdings (KORS.N) fell 11 percent to $53.92 after the handbag maker reported its slowest sales growth in at least three and a half years as demand in North America weakened.
* Workday (WDAY.N) fell 8.6 percent to $84.50 after the software maker for human resource work forecast current-quarter billings below market expectations and reported a bigger quarterly net loss.
Futures snapshot at 7:29 a.m. ET (1129 GMT):
* S&P 500 e-minis ESc1 were up 2.5 points, or 0.12 percent, with 104,224 contracts traded.
* Nasdaq 100 e-minis NQc1 were up 4.75 points, or 0.11 percent, on volume of 11,526 contracts.
* Dow e-minis 1YMc1 were up 19 points, or 0.11 percent, with 16,115 contracts changing hands.
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| Traders work on the floor of the New York Stock Exchange May 20, 2015. |
* In early European trading, the dollar was down around a third of one percent against a basket of currencies .DXY, after jumping 1.3 percent on Tuesday, its biggest rise since July 2013.
* Greece and its European creditors have also played down fears that Athens would default on a payment to the International Monetary Fund next week.
* U.S. stocks recorded their steepest fall in three weeks on Tuesday as the dollar rallied after buoyant data fueled expectations that an interest rate hike could come sooner rather than later.
* Applications for U.S. home mortgages fell last week as interest rates rose, an industry group said on Wednesday.
* Michael Kors Holdings (KORS.N) fell 11 percent to $53.92 after the handbag maker reported its slowest sales growth in at least three and a half years as demand in North America weakened.
* Workday (WDAY.N) fell 8.6 percent to $84.50 after the software maker for human resource work forecast current-quarter billings below market expectations and reported a bigger quarterly net loss.
Futures snapshot at 7:29 a.m. ET (1129 GMT):
* S&P 500 e-minis ESc1 were up 2.5 points, or 0.12 percent, with 104,224 contracts traded.
* Nasdaq 100 e-minis NQc1 were up 4.75 points, or 0.11 percent, on volume of 11,526 contracts.
* Dow e-minis 1YMc1 were up 19 points, or 0.11 percent, with 16,115 contracts changing hands.
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