US STOCKS-Wall Street set for strong open after Thursday's rout

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* Adobe rises after profit beat
* Lululemon slips after revenue misses estimates
* Futures up: Dow 1.95%, S&P 1.72%, Nasdaq 1.25%

(Adds comment, details; updates prices)
By Medha Singh and Devik Jain
June 12 (Reuters) - Wall Street's main indexes were set to
open sharply higher on Friday, a day after they saw the biggest
one-day dive in about three months on fears of a resurgence in
coronavirus infections.
Big U.S. lenders including Bank of America Corp BAC.N ,
Citigroup Inc C.N and Morgan Stanley MS.N rose between 3%
and 5% in premarket trading after taking a hammering earlier
this week.
Boeing Co BA.N jumped 6.2%, but was still headed for a 17%
fall this week. United Airlines UAL.O , American Airlines
AAL.O , Norwegian Cruise Line NCLH.N jumped about 9% and 11%
after leading losses on the S&P 500 on Thursday.
"People are just taking a breather after the outright
selling yesterday, like we saw back in the dark days of February
and early-March," said Ryan Giannotto, director of research at
GraniteShares ETFs in New York.
"There's always going to be more headlines about cases
increasing, more tests increasing. That's just something that
markets, investors and companies are going to have to learn to
deal with."
The three main U.S. stock indexes were set to wrap up their
worst week in 12 as the Federal Reserve's indication to a long
road to recovery and rising COVID-19 cases in the United States
cast a pall over investors bets on a swift economic rebound.
On Thursday, the tech-heavy Nasdaq .IXIC ended about 5%
below its record closing high and the S&P 500 .SPX tumbled
nearly 6%, after surging about 45% from its March low.
The CBOE volatility index .VIX eased about 4.5 points
after jumping to its highest level since April 23.
At 8:35 a.m. ET, S&P 500 e-minis EScv1 were up 1.72% at
3,062.50. The daily up trading limit for S&P futures is 3,152.
Dow e-minis 1YMcv1 were up 491 points, or 1.95% and Nasdaq 100
e-minis NQcv1 were up 119.75 points, or 1.25%.
Photoshop maker Adobe Inc ADBE.O rose 4.5% after posting a
better-than-expected quarterly profit, driven by strong demand
for its cloud software.
"The technology sector has led the way so far this year and
we think this can continue," said Stuart Rumble, an investment
director at Fidelity Investments.
"Many companies and businesses are being forced to explore
new ways to conduct their businesses online, ranging from remote
working, video conferencing to online shopping and payments."
Yoga apparel maker Lululemon Athletica Inc LULU.O fell
3.3% after posting a lower-than-expected quarterly revenue and
profit due to coronavirus-led store closures.