US STOCKS-Futures rebound after sell-off, energy recovers

                                
   * Energy shares rebound
                                
 * Monthly pending home sales, auto sales on tap
                                
 * Futures up: Dow 47 pts, S&P 5.3 pts, Nasdaq 14.25 pts
                                
 * For up-to-the-minute market news see [STXNEWS/US]
  (Updates prices, adds quote)
                                
 By Ryan Vlastelica
                                
 NEW YORK, June 2 (Reuters) - U.S. stock index futures rose
on Wednesday, recovering from a sell-off in the previous
session as investors awaited monthly data on pending home and
auto sales.
                                
 U.S.-listed shares BP Plc <BP.N><BP.L> rebounded in
premarket trading, rising 1.6 percent to $37.10. BP led energy
shares lower on Tuesday as it continued to struggle with the
Gulf of Mexico massive oil spill the and the U.S. government
launched a criminal probe. For details, see [nSPILL]
                                
 "After Tuesday's decline, and sitting just above the Dow
10,000 level, investors will come in with an eye on grabbing
bargains," said Andre Bakhos, director of market analytics at
Lek Securities in New York.
                                
 S&P 500 futures <SPc1> rose 5.3 points and were above fair
value, a formula that evaluates pricing by taking into account
interest rates, dividends and time to expiration on the
contract. Dow Jones industrial average futures <DJc1> climbed
47 points, and Nasdaq 100 futures <NDc1> gained 14.25 points.
                                
 Transocean <RIG.N>, which owns the rig that sank in the
Gulf of Mexico, rose 1.5 percent to $50.81 before the bell.
Halliburton Co <HAL.N>, which also did work on the rig, was up
1.7 percent to $21.50, while Anadarko Petroleum Corp <APC.N>
edged 1 percent higher to $42.50.
                                
 April pending home sales, set for release at 10 a.m. EDT
(1400 GMT), will be a barometer of the struggling housing
market. Sales are seen rising 5 percent, compared with a 5.3
percent increase in the prior month. May auto sales are also
due on Wednesday.
                                
 "The sales data will help investors gauge the consumer's
confidence in the economic rebound," Bakhos said. "If the
numbers are weaker than expected, it could cast doubt on the
strength of the rebound and lead to a sell-off."
                                
 Amgen Inc <AMGN.O> gained 4.4 percent to $53 premarket
after the U.S. Food and Drug Administration approved its
osteoporosis drug Prolia, days after European approval.
[ID:nN01134663]
                                
 JPMorgan Chase & Co <JPM.N> rose 1.5 percent to $39.11
premarket after UBS upgraded the Dow component to "buy" from
"neutral."
                                
 Altria Group Inc <MO.N> will pay nearly $1 billion in taxes
and interest to the U.S. government to end a dispute.
[ID:nSGE6500K6]
                                
 Google Inc <GOOG.O> expects to release its Chrome computer
operating system in the late fall, a top executive said
Wednesday, in a competitive strike at rival Microsoft Corp's
<MSFT.O> Windows. [ID:nTOE65105S]
                                
 Collective Brands Inc <PSS.N> reported first-quarter
earnings that beat expectations late Tuesday, though sales
missed the consensus view. [ID:nSGE6500JK]
                                
 In early economic data, the number of planned layoffs at
U.S. companies in May was almost unchanged from April, when
they touched a four-year low, according to a private report,
suggesting employers are more upbeat about the economy.
  (Editing by Jeffrey Benkoe)