Stock Futures Imply Flat Open at Five-Year Highs
Published: Tuesday, January 22nd 2013
(Reuters) - Stock index futures pointed to a flat open on Tuesday as investors held back from making large bets ahead of a busy week for corporate earnings and after recently notching five-year highs.
S&P 500 futures fell 1.4 point and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 18 points and Nasdaq 100 futures rose 1.25 points.