* Malaysia worked back channels to secure bodies, black
* EU threatens Russia with more sanctions, but words ring
* Market active with busy earnings, economic calendar
* Futures up: Dow 42 pts, S&P 7 pts, Nasdaq 17 pts
NEW YORK, July 22 (Reuters) - U.S. stock index futures rose
on Tuesday on hopes for an easing of tensions in Ukraine and as
a cascade of earnings landed.
* Pro-Russian rebels agreed to hand over the black boxes
from the Malaysian plane shot down near the Ukraine-Russia
border last week and the Malaysian government announced it also
negotiated the release of the remains of nearly 300 victims.
The European Union threatened Russia with harsher sanctions
over Ukraine, but France's president signaled the disputed
delivery of a warship to Moscow would go ahead.
* Traders will also keep an eye on the Middle East as Israel
pounded targets across the Gaza Strip and said no ceasefire was
near. Top U.S. and U.N. diplomats pursued talks to stop fighting
that has claimed nearly 600 lives, an overwhelming majority from
* A glut of earnings is on the books, with McDonald's
, Coca-Cola, and Travelers leading a pack
of nearly 40 S&P 500 components scheduled to post quarterly
numbers Tuesday. Apple will report after the closing
* The economic calendar includes the Consumer Price Index
for June set for release at 8:30 a.m. EDT (1230 GMT) followed
half an hour later by home prices for May. At 10 a.m. (1400
GMT), home resales for June and the Richmond Fed index for July
* S&P 500 e-mini futures were up 7 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 higher open. Dow Jones industrial average e-mini
futures rose 42 points and Nasdaq 100 e-mini futures
added 17 points.
* Chipotle Mexican Grill rose 10.5 percent premarket
a day after it reported a nearly 26 percent jump in quarterly
profit after traffic surged despite higher prices.
(Reporting by Rodrigo Campos; Editing by Nick Zieminski)