U.S. stocks finished higher Tuesday. The Dow jumped by 106 points, or 0.6%.
NEW YORK (CNNMoney)
U.S. stock futures were broadly flat, indicating little change on the major indexes since Tuesday's close.
Investors get a preview Wednesday of the monthly jobs report due later this week, as payroll processor ADP releases private-sector payroll data at 8:15 a.m. ET.
The Federal Reserve will release the minutes of its most recent policy meeting at 2:00 p.m., followed by its monthly report on consumer credit at 3:00.
Investors and traders are eagerly anticipating the latest set of Fed minutes since they cover the meeting when the central bank decided to start cutting its massive economic stimulus program. Many Wall Street experts expect the stimulus program will be wrapped up by the end of 2014.
"While the new Fed policy status quo is widely known at this point, traders will be keen to read the minutes nonetheless to try to decipher precisely what variables proved pivotal in pushing the rate-setting committee into action," explained Ilya Spivak, a currency strategist at DailyFX, in a morning note.
Related: Fear & Greed Index
In corporate news, agrochemical giant Monsanto (MON, Fortune 500) is scheduled to report quarterly results in the morning, while Bed Bath & Beyond (BBBY, Fortune 500) is set to report after the bell.
U.S. stocks finished higher Tuesday, with the Nasdaq and S&P logging their first gains of 2014. The Dow Jones industrial average shot up by 106 points, or 0.6%.
Related: Marissa Mayer reveals Yahoo's big plans for 2014
Microsoft (MSFT, Fortune 500) shares slipped in after-hours trading Tuesday after the Associated Press quoted Alan Mulally saying he would not leave his position as CEO at Ford (F, Fortune 500) to take the helm at the tech giant.
Micron Technology (MU, Fortune 500) shares surged in after-hours trading Tuesday following quarterly earnings that beat expectations.
On the international front, European markets slipped lower in morning trading.
Most Asian markets closed the session with gains. The Nikkei in Japan jumped by nearly 2% and the Hang Seng in Hong Kong moved up by 1.3%.
First Published: January 8, 2014: 5:13 AM ET
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