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 * Iran and six world powers reached a deal under which sanctions
imposed by the United States, European Union and United Nations
would be lifted in exchange for curbs on Iran's nuclear program.
* Brent crude futures fell 1.85 percent to $56.77 a barrel, its
lowest in over three months, while U.S. crude was trading down 2.01
percent at $51.16 per barrel.
* U.S. quarterly earnings kick off in earnest with big banks
reporting this week. Bank earning are expected to benefit from a
recent rise in long-term yields relative to short term yields.
* JPMorgan's <JPM.N> shares rose 1.63 percent to $69.20 in premarket
trading after the biggest U.S. bank by assets reported a 5.2 percent
increase in quarterly profit as expenses declined.
* Wells Fargo <WFC.N> and Dow component Johnson & Johnson <JNJ.N>
are scheduled to report before the bell while Yum Brands will report
after the close.
* Corporate earnings are expected to have fallen 2.9 percent in the
second-quarter, according to Thomson Reuters estimates data.
* Micron jumped 12.1 percent to $19.75 after sources told Reuters
that China's state-backed Tsinghua Unigroup is preparing a $23
billion bid for U.S. memory chip maker.
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* Amazon rose 1.4 percent to $461.70 after UBS upgraded the
company's stock to "buy" from "neutral".
* GoPro rose 3.6 percent to $54 after Barclays raised its rating on
the action camera maker's stock to "overweight" from "equal weight".
* June retail sales data is expected at 8:30 a.m. ET. Economists
expect sales to have risen just 0.2 percent in June after surging
1.2 percent in May.
(Editing by Savio D'Souza)
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