US stock futures little changed

Associated Press
FILE - In this Wednesday, Feb. 26, 2014, file photo, Trader Christopher Forbes, center, works on the floor of the New York Stock Exchange. The stock market is little changed as investors pick over more earnings reports from retailers and other U.S. companies. (AP Photo/Richard Drew, File)
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FILE - In this Wednesday, Feb. 26, 2014, file photo, Trader Christopher Forbes, center, works on the floor of the New York Stock Exchange. The stock market is little changed as investors pick over more earnings reports from retailers and other U.S. companies. (AP Photo/Richard Drew, File)

NEW YORK (AP) — Stock futures were little changed on Tuesday, suggesting that a three-day slump in the market may abate. Investors will also start to focus on company earnings this week.

KEEPING SCORE: In pre-market trading, the Dow Jones industrial average futures slipped five points, which meant they were little changed at 16,173 as of 9:15 a.m. Eastern time. Standard & Poor's 500 index futures were unchanged at 1,838. Nasdaq futures rose seven points, or 0.2 percent, to 3,506.

THE SLUMP: The market logged its longest losing streak in two months Monday, extending a sell-off that began last week. A slump that started in technology and biotechnology stocks spread to companies that sell non-essential goods and services.

DRUG TROUBLE: Eli Lilly fell 63 cents, or 1.1 percent, to $57.99 before the market opened. The stock declined after a U.S. jury ordered Japanese drugmaker Takeda Pharmaceutical Co. and its U.S. counterpart, Eli Lilly, to pay $9 billion in punitive damages over a diabetes medicine linked to cancer.

BONDS AND COMMODITIES: In government bond trading, the yield on the 10-year Treasury note edged up to 2.71 percent from 2.70 percent late Monday. The price of crude oil rose 78 cents to $101.22 a barrel. Gold rose $13.20, or 1 percent, to $1,311.70 an ounce

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