US STOCKS-Futures rebound after Wall Street's worst day of 2019

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* Futures up: Dow 0.85%, S&P 0.91%, Nasdaq 1.09%

By Medha Singh
Aug 6 (Reuters) - U.S. stock index futures signaled a bounce
on Tuesday, as China stepped in to steady the yuan and investors
sought beaten-down stocks, a day after Wall Street's main
indexes racked up their steepest one-day percentage fall of the
year.
The benchmark S&P 500 .SPX and Nasdaq .IXIC lost at
least 3% each on Monday, their sixth straight day of losses, as
China let the yuan drop sharply in what was seen as a
retaliation to President Donald Trump's threat to slap a new
round of tariffs on Chinese imports last week.
U.S. Treasury Department labeled Beijing a currency
manipulator late on Monday, crushing any hopes of a swift
resolution to the trade war. "This trade spat is going away no time soon, but we should
see central bank easing bets rise globally and that will help
limit some of the market carnage over the next couple of weeks,"
said Edward Moya, senior market analyst at Oanda in New York.
At 6:45 a.m. ET, Dow e-minis 1YMcv1 rose 0.85%. S&P 500
e-minis EScv1 advanced 0.91%, while Nasdaq 100 e-minis NQcv1
were up 80.75 points, or 1.09%.
Shares of technology companies, which have a big exposure to
China, were higher in premarket trading.
Apple Inc AAPL.O edged 0.4% after three days of heavy
losses, while shares of semiconductor companies - Intel Corp
INTC.O , Advanced Micro Devices Inc AMD.O and Nvidia Corp
NVDA.O - rose between 1.2% and 1.7%.
Industrial bellwethers Boeing Co BA.N and Caterpillar Inc
CAT.N rose about 1% each.
The latest streak of losses has pulled the S&P 500 about 6%
away from its all-time high hit last month.
Among other stocks, Walt Disney Co DIS.N was up 1.2%. the
company is set to report its third-quarter results after market
close.