US STOCKS-Wall Street set for flat open after selloff
* Eli Lilly ordered to pay $3 bln in damages in Actos case
* Alcoa earnings due after the close
* Futures: Dow off 5 pts, S&P flat, Nasdaq up 7 pts (Updates prices)
By Chuck Mikolajczak
NEW YORK, April 8 (Reuters) - U.S. stocks were poised for a flat open on Tuesday, in the wake of a three-session selloff, as investors look to the start of corporate earnings season.
* The S&P 500 suffered its biggest three-day drop in two months and the Nasdaq posted its worst three-day decline since November 2011 on Monday as investors bid down Internet stocks and rotated into defensive names.
* The recent slump has pushed the Dow, Nasdaq and S&P 500 into negative territory for the year.
* Earnings season gets under way this week, with results due from companies including Alcoa Inc after the close, retailer Bed, Bath & Beyond on Wednesday, while financials JPMorgan Chase & Co and Wells Fargo & Co close out the week with results on Friday.
* S&P 500 companies' first-quarter earnings are projected to have increased just 1.1 percent from a year ago, Thomson Reuters data showed. The forecast is down sharply from the start of the year, when profit growth was estimated at 6.5 percent. Continuación...