Updated: November 5, 2012 9:02AM
NEW YORK — Stock futures are lower in very light trading with many investors standing down a day before what could be one of the closest presidential elections in U.S. history.
Dow Jones industrial futures are up 1 point to 12,992. The broader S&P futures have inched 2.2 points lower to 1,403.30. Nasdaq futures are down 1.5 points to 2,639.50.
The Institute for Supply Management’s index for service companies is due at 10 a.m. Eastern Monday and economists are forecasting growth in October at a pace just below what was seen in September.
The report measures growth at businesses that employ roughly 90 percent of the U.S. work force, from retail and construction companies to health care and financial services firms. The service sector has grown for 33 straight months.