Goldman Sachs $(GS)$, JPMorgan Chase $(JPM)$, Bank of America (BAC), Wells Fargo $(WFC)$, Citigroup $(CUL3)$: The banks will report second-quarter earnings today. Analysts expect them to post higher revenue and profit.

Deutsche Lufthansa (XE:LHA), Air France-KLM (FR:AF): Shares in the European airlines fell after oil prices rallied on renewed military escalation in the Middle East.

BP (UK:BP): The oil and gas company said it made progress reducing its debt. Higher oil prices boosted its shares this morning, in line with other energy stocks.

Micron Technology $(MU)$, Marvell Technology $(MRVL)$, Intel $(INTC)$, Advanced Micro Devices $(AMD)$: Chip stocks appear on course to reverse some of yesterday's slump.