Futures mixed after market rally on Monday

Stock investors are expected to slow their pace of buying following a big rally on the first trading day of the new year.
JAN 05, 2010
Stock investors are expected to slow their pace of buying following a big rally on the first trading day of the new year. Stock index futures are narrowly mixed, not surprising a day after the Dow Jones industrials soared more than 150 points on upbeat manufacturing reports in the U.S. and China. Asian stock markets were up earlier in the day Tuesday, still gaining momentum from Monday's manufacturing data. European markets are relatively flat. Tuesday brings economic data from November, including a Commerce Department report on factory orders and the National Association of Realtors' numbers on pending home sales. Dow futures are up 5, or 0.1 percent, at 10,524. Standard & Poor's 500 index futures are down 0.20, or less than 0.1 percent, at 1,128.60, while Nasdaq 100 index futures are down 2.00, or 0.1 percent, at 1,884.75.

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