US STOCKS-Futures rise after S&P 500 snaps three-day decline
* Futures up: Dow 53 pts, S&P 7 pts, Nasdaq 14.25 pts
By Tanya Agrawal
June 10 (Reuters) - U.S. stock index futures were higher on Wednesday, a day after the S&P 500 snapped a three-day losing streak as a selloff in the equities market took a breather.
* U.S. stocks ended flat on Tuesday as financial and consumer staples shares bounced.
* Applications for U.S. home mortgages rose last week, while interest rates hit their highest level since November 2014, data released on Wednesday showed.
* Investors continue to await on the timing of the first rate hike since 2006 by the U.S. Federal Reserve as economic data points to a recovering U.S. economy, which had come to a standstill in the first quarter.
* European shares also snapped a six-day losing streak, with German equities rebounding from their lowest level since February as traders said the recent sell-off had gone too far.
* U.S. bond prices slipped as they were also hit by this week's flood of supply, sending the 10-year U.S. benchmark bond yield to an eight-month high of 2.458 percent.
* The U.S. dollar index hit a three-week low, with analysts pointing to debate around the G7 summit regarding the speed of the dollar's rise as the U.S. prepares to end years of cheap central-bank cash. Continuación...