NEW YORK ( TheStreet) -- Stock futures were starting Tuesday mixed after an iffy session a day earlier. While the Dow Jones Industrial Average made the biggest gains Monday, the Nasdaq slipped and the S&P 500 all but flat-lined following an accounting error in ISM manufacturing data for May, a litmus test for broad economic health.
Following a similar pattern to the day before, U.S. stock futures were finding little impetus to make big moves. The Dow gained 0.14% to 16,727, while the S&P 500 tiptoed 0.04% higher to 1,922.25. The Nasdaq slipped 0.21% to 3,727.75.
Markets could be adopting a wait-and-see approach with both motor vehicle sales and factory orders figures due out shortly after market open. Economists anticipate domestic vehicle sales to climbing to 16.1 million, up from 12.8 million a month earlier, while factory orders are expected to slow to 0.5% from 1.1%.
To the north, European markets slipped and the euro strengthened on the latest consumer price index data which slowed to 0.5% in May, sparking concerns of deflation. The deceleration also gives the European Central Bank room to engage in monetary easing and to edge inflation higher to a target 2% when its meets on Thursday.
In individual stock movements, Hillshire Brands (HSH) is rallying yet again as the tug-of-war over it continues. The food processor is up 7.8% after Pilgrim's Pride (PPC) upped its bid to $55 a share, or $7.7 billion, from $45 a share, or $6.4 billion, offered a week earlier.