Stocks: Losing steam as 2013 winds down

Written By limadu on Senin, 30 Desember 2013 | 04.32

S&P futures 301213

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NEW YORK (CNNMoney)

Little economic or corporate news is scheduled for the day and U.S. stock futures were drifting ahead of the opening bell.

Typically this time of year sees light trading volumes as many investors and traders take time off work.

The Dow Jones industrial average and the S&P 500 were little changed Friday, ending a lengthy streak of gains. The Nasdaq fell slightly. Each of these indexes has risen more than 25% in 2013.

Shares in Alcoa (AA, Fortune 500) were rising ahead of the open amid reports that Ford will reveal in January that it will start using military grade Alcoa metal in its best-selling F-150 pickups.

Related: Fear & Greed Index

On the international front, European markets were relatively flat in morning trading. Asian markets ended with mixed results.

Japan's Nikkei closed the day on a high note, rising 0.7%. The benchmark index has surged more than 50% since the start of 2013 as government policies helped boost investor sentiment. To top of page

First Published: December 30, 2013: 5:02 AM ET


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