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*
The three major indexes have recouped more than half of the
losses suffered after a shock vote by Britain to leave the
European Union. In a two-day panic selloff after the vote,
global markets lost about $3 trillion in value.
* As Brexit nerves settle, investors will focus on weekly data
for jobless claims, which are expected to rise by 8,000. The
report, to be released at 8:30 a.m. ET (1230 GMT), comes ahead
of the critical monthly payrolls data on Friday.
* The U.S. Federal Reserve will closely look at the jobs data to
determine its plans to hike interest rates this year.
* St. Louis president James Bullard is expected to speak on U.S.
monetary policy outlook in London at 3:15 p.m. ET. Bullard's
speech will be parsed to gather clues on whether the Fed has
modified its forecasts after the Brexit vote.
* The second-quarter earnings season hits full force in
mid-July. S&P 500 companies on average are expected to report a
smaller decline in earnings for the quarter compared with the
first quarter.
* Citigroup <C.N>, Bank of America <BAC.N>, Goldman Sachs <GS.N>
and JPMorgan <JPM.N> rose over 1 percent in premarket trading,
after the Fed cleared the path for them to increase shareholder
payouts after its annual stress test. Morgan Stanley <MS.N>
gained the least after its capital planning process received
some criticism.
* Tesaro <TSRO.O>, whose shares had more than doubled on
Thursday, was down 2.2 percent at $75.69 after the company
announced a $300 million secondary share offering.
Futures snapshot at 6:51 a.m. ET:
* Dow e-minis <1YMc1> were up 44 points, or 0.25 percent, with
29,119 contracts changing hands.
* S&P 500 e-minis <ESc1> were up 4.75 points, or 0.23 percent,
with 229,691 contracts traded.
* Nasdaq 100 e-minis <NQc1> were up 7.5 points, or 0.17 percent,
on volume of 23,848 contracts.
(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by
Saumyadeb Chakrabarty)
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