US STOCKS-Futures little changed before flurry of data
* Research in Motion falls after downgrade
* PPI, Empire State data on tap
* France enters shallow recession
* Futures off: Dow 3 pts, S&P off 1.2 pt, Nasdaq off 0.75 pt
By Chuck Mikolajczak
NEW YORK, May 15 (Reuters) - U.S. stock index futures were little changed on Wednesday, indicating the S&P 500 may hold near its most recent record high ahead of a glut of economic reports, including data on inflation and manufacturing.
Both the Dow Jones Industrial Average and the S&P 500 rallied to a fresh record high on Tuesday, buoyed by gains in large-cap shares, on investor expectations central bank stimulus measures will continue to support further equity market gains.
The S&P 500 is up 15.7 percent for the year, while the Dow has jumped 16.1 percent.
"We are in the best of all worlds right now - we have an economy that is running not too cold, not too hot, growing modestly," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York. Continued...