US STOCKS-Futures flat with indexes at records
* S&P 500 and Dow have hit series of records recently
* Apple may see heavy action following stock split
* CBOE Volatility index at lowest level since Feb '07
* Dow up 2 pts, S&P down 1.6 pt, Nasdaq down 3 pts
By Ryan Vlastelica
NEW YORK, June 9 (Reuters) - U.S. stock index futures were little changed on Monday, as investors sought fresh incentives to keep buying following a rally that has taken major indexes to repeated record highs.
* The S&P 500 has risen in 10 of the past 12 sessions, ending at records six times in the past seven trading days. On Friday, the benchmark index was lifted by the May payroll report, which pointed to improving economic conditions, though it was slightly weaker than expected. While Wall Street's upward trend looks intact, traders may need new catalysts to maintain its momentum.
* Market participants will also continue to watch the CBOE Volatility index, which on Friday fell to its lowest level since February 2007. The "fear index" is almost half of its historical average, which some analysts worry is a signal that the market is not fully accounting for issues that could derail the rally.
* Apple Inc may see heavy action on Monday, the first session after a seven-for-one stock split. The tech titan rose 0.2 percent to $92.38 before the bell and was the Nasdaq's most active premarket name. In addition, the Nikkei on Friday reported that Apple was preparing to sell its first wearable device this October, aiming to produce 3 million to 5 million smartwatches a month in its initial run. Continuación...