Stock index futures edged lower on Tuesday as investors paused after the market hit a 13-month high in the previous session on expectations for prolonged low interest rates.
* Wall Street hit fresh highs for the year on Monday after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investor appetite for risk. The agreement boosted global stocks and commodities, while the U.S. dollar fell to a 15-month low.
* S&P 500 futures dipped 2.5 points and were slightly below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 21 points, and Nasdaq 100 futures shed 1 point.
* Economic indicators on tap include weekly ICSC chain store data, weekly Redbook data, the weekly ABC consumer confidence index and the November IBD consumer confidence.
* Financial stocks are likely to rise after Europe's biggest bank, HSBC Holdings Plc , said losses on U.S. consumer loans fell for the first time in three years. The bank also reported solid third-quarter profit.
* U.S. Senate Banking Committee Chairman Christopher Dodd is likely to release a long-awaited draft bill on financial regulation reform. In a departure from the Obama agenda, Dodd will call for centralizing bank supervision in one agency -- a contentious proposal that would pit him against other lawmakers and the administration, sources said.
* Bank of America Corp Chief Executive Ken Lewis, scheduled to speak at the Bank of America Merrill Lynch Financial Services Conference in New York, is likely to face questions on the search for a new CEO and ongoing legal issues surrounding the company. Lewis is set to retire at the end of the year.
* Diversified manufacturer Tyco International Ltd reported a 53 percent drop in quarterly net profit as soft economy sapped demand for industrial products.
* Stocks to watch include Electronic Arts Inc and Priceline.com Inc , which gained in late Monday trading after they reported results. NuStarEnergy LP fell after announcing a common share offering, while MBIA Inc slid after posting a third-quarter loss.
(Reporting by Angela Moon; editing by Jeffrey Benkoe)