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NEW YORK (CNNMoney)
U.S. stock futures were edging slightly higher Tuesday while most world markets were narrowly weaker.
Markets are expected to see lower trading volumes this week as people get ready for the major American holiday.
U.S. stocks had pushed up Monday morning after diplomats forged a landmark deal with Iran over the weekend, but then moved back down and finished little changed.
Markets seem to have grown increasingly cautious about developments in the Middle East and how they could affect global markets and oil prices, said Mike van Dulken, head of research at Accendo Markets in London.
"U.S. Secretary of State John Kerry said not to underestimate difficulties in Syria in terms of political solutions, which on top of skepticism over the Iranian deal, highlights the region's hold over global sentiment," said van Dulken.
Related: Fear & Greed Index
Looking ahead to Tuesday's economic reports, the U.S. Census Bureau will release data on housing starts and building permits at 8:30 a.m. ET. The Case-Shiller index of house prices in 20 cities will be released at 9 a.m. The Conference Board will release its monthly consumer confidence report at 10:00.
In corporate news, Barnes & Noble (BKS, Fortune 500) and Tiffany (TIF) are scheduled to report quarterly results before the opening bell, while Hewlett-Packard (HPQ, Fortune 500) is up in the afternoon.
Shares in Carnival (CCL) fell by roughly 2% ahead of the market open after it was revealed Monday that the firm's vice chairman and chief operating officer, Howard Frank, sold roughly 30% of his holdings in the cruise ship company.
Looking abroad, European markets were mostly dipping lower in morning trading. Most Asian markets also closed with losses. 
First Published: November 26, 2013: 5:12 AM ET
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