Stock Futures Point to Slightly Lower Open

Stock futures point to a muted open this morning, after a strong rally yesterday.

The markets are set to digest 2 pieces of economic information, both released earlier this morning. Jobless claims were 545,000 last week, which was slightly better than economists were forecasting. Housing starts rose 1.5% to an annualized rate of 598,000, which was slightly less robust than forecast.

The market could use a breather after rising 9% over the past month and 4 out of the past 5 sessions.