US STOCKS-Futures rise on earnings, tension falling in Ukraine
* Malaysia worked back channels to secure bodies, black boxes
* EU threatens Russia with more sanctions, but words ring hollow
* Market active with busy earnings, economic calendar
* Futures up: Dow 42 pts, S&P 7 pts, Nasdaq 17 pts
NEW YORK, July 22 (Reuters) - U.S. stock index futures rose on Tuesday on hopes for an easing of tensions in Ukraine and as a cascade of earnings landed.
* Pro-Russian rebels agreed to hand over the black boxes from the Malaysian plane shot down near the Ukraine-Russia border last week and the Malaysian government announced it also negotiated the release of the remains of nearly 300 victims.
The European Union threatened Russia with harsher sanctions over Ukraine, but France's president signaled the disputed delivery of a warship to Moscow would go ahead.
* Traders will also keep an eye on the Middle East as Israel pounded targets across the Gaza Strip and said no ceasefire was near. Top U.S. and U.N. diplomats pursued talks to stop fighting that has claimed nearly 600 lives, an overwhelming majority from inside Gaza.
* A glut of earnings is on the books, with McDonald's , Coca-Cola, and Travelers leading a pack of nearly 40 S&P 500 components scheduled to post quarterly numbers Tuesday. Apple will report after the closing bell. Continuación...