Stock futures turn higher, as data shows U.S. wholesale inflation declined unexpectedly last month but investors continue to cautiously eye the violence in Iraq; Dow and S&P +0.1%, Nasdaq +0.2%.
Oil prices stabilize after rising earlier, as Iraq’s main oil producing regions remain insulated from imminent threat.
European markets trade lower across the board, with the FTSE -1.1% after BoE's Carney said the first U.K. rate hike may come sooner than the markets expected; in Asia, the Shanghai Composite +0.9% after data showed lending surged in May.
Intel +7% premarket after raising its outlook for Q2 and the full year, and saying demand for personal computers used by businesses was stronger than expected.
Still ahead: consumer sentiment.