US STOCKS-Futures higher in wake of sell-off, GE results
* GE climbs in premarket after results
* Prelim July UMich reading on tap
* Futures up: Dow 16 pts, S&P 4.5 pts, Nasdaq 11 pts
By Chuck Mikolajczak
NEW YORK, July 18 (Reuters) - U.S. stock index futures rose modestly on Friday, putting the S&P 500 on track to bounce from its biggest decline since April 10, ahead of data on consumer sentiment.
* Investors will continue to monitor geopolitical tensions, as world leaders demanded an investigation after a Malaysian airliner was downed at the Ukraine-Russia border and Israel announced the start of a Gaza ground campaign on Thursday.
* The CBOE Volatility index surged 32 percent to 14.54 in the prior session, its biggest jump since April 2013, as the conflict in both the Middle East and Eastern Europe escalated. However, the index still remains well below its historical average of around 20.
* General Electric advanced 1.1 percent to $26.90 before the opening bell after the conglomerate posted growth in second-quarter earnings that matched expectations.
* Google Inc gained 2.1 percent to $593.10 in premarket after the world's No.1 Internet search company posted second-quarter results and said its chief business officer would leave the company. Continuación...