Stock Futures Slip Ahead of Economic Data

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U.S. stock futures edged down ahead of economic data and after the Reserve Bank of Australia spooked investors with a bigger-than-expected interest-rate increase. 

Futures tied to the S&P 500 declined 0.6%, reversing direction after the broad-market index closed up 0.3% on Monday. Nasdaq-100 futures fell 0.7%, pointing to losses for technology stocks after the opening bell.