* JPMorgan, Goldman up in premarket after earnings
* Yellen to testify before Senate Banking Committee
* Yahoo, Intel results due after the close
* Futures: Dow up 35 pts, S&P up 1.5 pt, Nasdaq up 6.75 pts
By Chuck Mikolajczak
NEW YORK, July 15 U.S. stock index futures were
little changed on Tuesday after earnings from JPMorgan and
Goldman Sachs, and ahead of testimony from U.S. Federal Reserve
Chair Janet Yellenand results from Goldman Sachs.
* Yellen is set to begin her semiannual testimony on the
central bank's monetary policy before the Senate Banking
Committee at 10:00 a.m. (1400 GMT). Investors will be closely
monitoring for any indication on when the Fed plans to hike
* JPmorgan Chase shares rose 1.4 percent to $57.08
in premarket trade after the biggest U.S. bank by assets
reported second-quarter earnings.
* Goldman Sachs shares advanced 2.4 percent to
$170.99 before the opening bell after the bank posted its
* S&P 500 profits are seen growing 6.2 percent in the second
quarter, according to Thomson Reuters data, down from the 8.4
percent growth forecast at the start of April. Revenue is seen
up 3.1 percent. S&P 500 companies expected to report earnings
after the close include Yahoo Inc and Intel Corp
* S&P 500 e-mini futures rose 1.5 points and fair
value - a formula that evaluates pricing by taking into account
interest rates, dividends and time to expiration on the contract
- indicated a flat open. Dow Jones industrial average e-mini
futures rose 35 points and Nasdaq 100 e-mini futures
added 6.75 points.
* Investors will also grapple with a host of economic data
on Tuesday, with June import prices, the July New York Fed
manufacturing survey, and June retail sales data all due at 8:30
a.m. (1230 GMT). May business inventories data is due later in
the session at 10 a.m. (1400 GMT).
* Chemicals maker Albemarle Corp said it would buy
rival Rockwood Holdings Inc for $6.2 billion to bulk up
its lucrative specialty chemical offerings.
* In other M&A news, Reynolds American said it would
acquire Lorillard in a deal valued at about $27.4 billion.
Lorillard shares were down 3.7 percent to $64.73 in premarket
* European stocks fell as declining investor morale hit
Germany's benchmark DAX equity index and lingering worries over
Portuguese bank BES weakened the Lisbon stock market.
* Asian shares rose after Citigroup's earnings and a
fresh round of merger and acquisition activity in the U.S.
healthcare sector lifted global stock prices.
(Reporting by Chuck Mikolajczak; Editing by Chizu Nomiyama)