Futures little changed heading into holiday; Microsoft eyed

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) – Stock index futures were little changed on Tuesday as investors aimed to head into the Independence Day holiday without making big positions in their portfolios. Trading volume is expected to be light, making stocks more vulnerable to a selloff if factory orders data due at 10:00 a.m ET (1400 GMT), usually not a major mover for the stock market, turn out weaker than expected. Economists in a Reuters survey expect a rise of 0.2 percent in factory orders for May compared with a 0.6 percent decline in April. …



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