US STOCKS-Wall St to open flat after S&P 500 hits record

martes 18 de noviembre de 2014 10:19 GYT

* Home Depot shares slip after results

* German analyst and investor sentiment up in November

* Futures: Dow off 2 pts, S&P flat, Nasdaq up 2 pts (Updates prices, adds comment, byline)

By Rodrigo Campos

NEW YORK, Nov 18 (Reuters) - U.S. stocks were set to open little changed on Tuesday, setting the S&P 500 up to hold near its record close from the previous session, as an increase in producer prices failed to cut into a trend of benign inflation.

Shares in Europe advanced, boosted by German analyst and investor sentiment, which rose in November for the first time in almost a year, raising hopes of an improvement in Europe's biggest economy.

More support for equities came as Japanese Prime Minister Shinzo Abe called for parliament to be dissolved on Friday, seen potentially bringing more stimulus after the Japanese economy unexpectedly slipped into recession.

The S&P 500 has risen in seven of the last eight sessions, but its largest gain was of less than 0.4 percent and overall volume has been low.

"The idea that stocks have just had a really good run and people are unwilling to easily commit new money to it" is keeping the market in a tight range according to Rick Meckler, president of LibertyView Capital Management in Jersey City, New Jersey.   Continuación...