US STOCKS-Futures advance as Trump plays down trade worries

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* Futures up: Dow 0.34%, S&P 0.33%, Nasdaq 0.54%

By Medha Singh
Aug 7 (Reuters) - Wall Street's main indexes were on course
to rise at the open on Wednesday, building on a recovery a day
earlier, as President Donald Trump sought to play down the
impact of a potentially drawn-out trade war on U.S. farmers and
businesses.
The three main Wall Street indexes jumped more than 1% on
Tuesday after China stepped in to steady the yuan, easing fears
that currencies would be the next weapon in the trade war
between the United States and China.
Despite Tuesday's gains, the benchmark S&P 500 .SPX is
still about 5% away from the record high it hit last month.
Shares of technology companies, including Apple Inc AAPL.O
and chipmakers, were higher before the bell. The iPhone maker's
shares rose 0.8%, while those of Intel Corp INTC.O , Advanced
Micro Devices Inc AMD.O and Nvidia Corp NVDA.O gained more
than 1%.
At 6:56 a.m. ET, Dow e-minis 1YMcv1 were up 87 points, or
0.34%. S&P 500 e-minis EScv1 were up 9.5 points, or 0.33% and
Nasdaq 100 e-minis NQcv1 were up 40.25 points, or 0.54%.
With the second-quarter earnings season winding down, about
three quarters of the 413 S&P 500 companies that have reported
results so far have topped earnings estimates.
Match Group Inc MTCH.O jumped 18% after the online dating
services provider forecast third-quarter sales above estimates,
as its popular app Tinder attracted more users in the reported
quarter. Walt Disney Co DIS.N dropped 3.6% after its quarterly
earnings missed analysts' forecast as the company invested
heavily in its streaming platform and began folding in assets
purchased from Twenty-First Century Fox. Cambrex Corp CBM.N soared 45% after the contract
development and manufacturing company said it was being bought
by an affiliate of private equity firm Permira Funds for about
$2.02 billion.