Stocks: Ready to close out a record-setting year

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NEW YORK (CNNMoney)

U.S. stock futures were relatively flat ahead of the opening bell -- with the Dow Jones industrial average hovering near the all-time high it set Monday.

Over the course of December, the main U.S. stock market indexes have risen by 2% to 3%. This caps off a record-setting year that saw the Nasdaq surge nearly 40% to hit a 13-year high, while the Dow and S&P 500 both hit record highs.

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There are a few economic data releases that could influence market sentiment in the day ahead.

The latest edition of the Case-Shiller 20-city home price index will be released at 9:00 a.m. ET Tuesday. At 10:00, the Conference Board will release its monthly consumer confidence index.

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European markets were inching ahead in morning trading. The exchanges in London and Paris are set for an early close, while the stock exchange in Frankfurt was closed.

Asian markets ended with mixed results and markets in Tokyo were closed. Japan's benchmark Nikkei index rounded out 2013 with its biggest annual rise in more than 40 years.

First Published: December 31, 2013: 5:26 AM ET

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