Futures point to recovery on Wall Street

* Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 DJc1 NDc1 SPc1 were up 0.4-0.6 percent, pointing to a stronger start on Wall Street after major indexes fell sharply on Tuesday on credit and inflation worries.

* Mortgage figures at 1100 GMT are among few pieces of macro data due, while retailer Limited Brands Inc LTD is the only S&P 500 company scheduled to report.

* World No 1 computer and printer maker Hewlett-Packard (HPQ.N) is in focus after results beat Wall Street targets. Its stock was up 3.5 percent in Frankfurt trading (HPQ.F). Novatel Wireless (NVTL.O) slumped 17 percent in Frankfurt (NVTL.F) after the company reported preliminary second-quarter results.

* Crude oil CLc1, a key factor for energy stocks, traded above $114 a barrel

* The Wall Street Journal said that Intel (INTC.O) was accelerating efforts to boost computing performance without increasing power consumption including a new turbo technology on forthcoming chips. (Reporting by Sitaraman Shankar; Editing by Paul Bolding)