July 17 (Bloomberg) -- The dollar rose against the yen and was little changed versus the euro as U.S. stock futures advanced after JPMorgan Chase & Co. and Coca-Cola Co. reported earnings that exceeded analysts' estimates.

The dollar rebounded from the lowest level in almost two months against the Japanese currency as better-than-expected second-quarter results eased concern the economic slowdown and credit-market turmoil will worsen. The Chinese yuan fell the most in seven weeks on speculation the government will slow the currency's gains to help exporters weather the global slump.

The dollar was at $1.5837 per euro as of 7:44 a.m. in New York, from $1.5827 yesterday, after falling to as low as $1.5893. It fell to a record $1.6038 two days ago. The U.S. currency climbed to 105.74 yen, from 105.13 yen yesterday, when it slipped to 103.77 yen, the weakest since May 27.

The yuan declined to 6.8263 per dollar, from 6.8113 yesterday.

S&P 500 futures expiring in September added 1 percent, to 1,253.90. JPMorgan rose almost 6 percent in New York trading after reporting second-quarter net income of $2 billion, or 54 cents a share, compared with expectations for 44 cents a share in a survey of analysts by Bloomberg.

To contact the reporter on this story: Agnes Lovasz in London at alovasz@bloomberg.net

Last Updated: July 17, 2008 07:46 EDT