Futures ease back after another high on S&P 500
New York » Stock futures are taking a breather after another day of record highs on U.S. markets.
Global markets were flat or edging lower as well Tuesday.
Dow Jones industrial futures are down 11 points to 16,015. S&P futures have lost 1.2 points to 1,807.80. Nasdaq futures are down less than a point to 3,517.75.
The Standard & Poor’s 500 index had another record close Monday.
The only economic indicator Tuesday comes from the Commerce Department, which is expected to report that the stockpiles of wholesalers rose only slightly in October.
Also Tuesday, Lululemon Athletica announced that its founder is giving up his chairmanship after coming under fire for comments about the body type of some potential customers. Shares of the yoga retailer are up about 3 percent before the opening bell.