Stock futures are on track for a solid open, adding to gains after the June inflation report showed core prices rising just 0.1% after a sharp 0.3% gain in May, although energy costs rose by the most since December; Dow +0.3%, S&P +0.4%, Nasdaq +0.5%.
Overseas tensions eased slightly, as pro-Russia rebels handed over two black boxes from the downed Malaysian passenger plane to experts in Donetsk in Ukraine.
Earnings season is now fully underway: Chipotle is indicated to open +10% after beating estimates, while Dow components McDonalds and Travelers look to open with losses in reaction to below-consensus results; Apple and Microsoft will publish numbers after the close.
Major European bourses trade higher across the board even as foreign ministers are expected to discuss additional sanctions against Russia; major Asian indexes ended on a higher note.
Treasury prices are little changed; the 10-year benchmark yield is at 2.47%.
Still ahead: existing home sales, Richmond Fed.