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*
China's move, which the central bank described as a "one-off
depreciation" pushed the yuan to its lowest against the dollar
in almost three years.
* The stronger dollar hit commodity prices, driving Brent crude
down 1.17 percent and U.S. crude fell 1.53 percent, cutting
short Monday's hefty gains.
* Prices of commodities such as copper, aluminum, nickel, and
zinc slid between 1 and 2.5 percent.
* U.S. stocks had climbed on Monday, giving the S&P 500 its
biggest increase since May, buoyed by gains in commodity-related
shares and optimism over Warren Buffett's deal to buy Precision
Castparts.
* The U.S. Commerce Department will release wholesale
inventories data for June at 10 a.m. ET (1400 GMT). Economists
expect wholesale inventories to have climbed 0.4 percent in June
after adding 0.8 percent a month earlier.
* Google <GOOGL.O> shares rose 6 percent to $703 premarket after
the company announced a surprise overhaul of its operating
structure on Monday.
* Symantec <SYMC.O> shares rose 7.3 percent to $24.57 after the
antivirus maker said it would sell its data storage business,
Veritas, for $8 billion in cash to a group led by Carlyle Group
LP <CG.O>.
* Terex shares rose 27 percent at $27.80 after the U.S. cranes
and mining equipment maker and Finnish rival Konecranes
<KCR1V.HE> agreed to an all-share merger.
Futures snapshot at 7:18 a.m. EDT:
* S&P 500 e-minis were down 8.75 points, or 0.42 percent, with
196,987 contracts traded.
* Nasdaq 100 e-minis were down 3.25 points, or 0.07
percent, on volume of 28,451 contracts.
* Dow e-minis were down 86 points, or 0.49 percent, with 30,763
contracts changing hands.
(Reporting by Sweta Singh in Bengaluru; Editing by Savio D'Souza)
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