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RTRS: US STOCKS-Wall St set for lower open after strong rally
 
* US dollar up slightly after falling to 15-month low

* HSBC says losses on US consumer loans fell

* Futures off: S&P 4.2 pts, Dow 32 pts, Nasdaq 3 pts

* For up-to-the-minute market news, click [STXNEWS/US]

(Adds details, updates stock prices)

By Angela Moon

NEW YORK, Nov 10 (Reuters) - Wall Street was set for a lower open on Tuesday after stocks hit a 13-month high in the previous session on expectations for prolonged low interest rates.

U.S. stocks reached fresh highs for the year on Monday after the Group of 20 nations pledged to keep aid flowing to the world economy, strengthening investor appetite for risk and boosting global stocks and commodities. For details, see [ID:nLQ516726] and [ID:nL9362990]

But the U.S. dollar, which has been moving inversely to stocks, fell to a 15-month low on the G20 agreement. In early trading on Tuesday, an index measuring the dollar against a basket of six currencies .DXY rose 0.16 percent.

"A breather is expected after a strong rally yesterday," said Peter Boockvar, equity strategist at Miller Tabak & Co in New York. He added that the dollar was also likely to keep stocks under pressure.

S&P 500 futures SPc1 dipped 4.2 points and were 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 DJc1 fell 32 points, and Nasdaq 100 futures NDc1 shed 3 points.

Shares of American International Group (AIG.N) rose 5.8 percent in premarket trading after Moody's said it sees AIG holding ground through the third quarter. For details see[ID:nN10305295].

Financial stocks were likely to rise after Europe's biggest bank, HSBC Holdings Plc (HSBA.L), said losses on U.S. consumer loans fell for the first time in three years. The bank also reported solid third-quarter results. [ID:nLA616591]

U.S.-listed shares of HSBC gained 3.3 percent to $60.22 in premarket trading.
Source