US STOCKS-Futures point to lower open after S&P 500 closing record
* Further upside seen as limited after recent gains
* Trading volume expected to be light in holiday week
* Investors looking to data on consumer confidence
* Futures down: Dow 40 pts, S&P 6.25 pts, Nasdaq 10 pts (Adds CaseShiller data)
By Ryan Vlastelica
NEW YORK, Dec 30 (Reuters) - U.S. stock index futures pointed to a lower open on Tuesday, suggesting the market's recent trend of modest moves and low volume would continue in the next-to-last trading day of the year.
Equities have been trending to the upside recently, buoyed by strong economic data and the U.S. Federal Reserve's commitment to be "patient" about raising interest rates. After the S&P 500 gained nearly 6 percent over the prior eight sessions, it notched its 53rd record close of the year on Monday, while the Dow just missed extending its streak of positive sessions to eight.
The speed and scale of the rally could push traders to take profits, and volatility could be amplified with many market participants out for the holiday, which will depress volume. The stock market will be closed on Thursday for the New Year's.
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