(MENAFN– ecpulse) U.S. stock markets resume trading after the holiday break, looking ready to start the year on a weaker note.
Futures were pointing higher early Thursday, setting gains for another record run.
-Futures on the S&P 500 index dropped 0.310% to 1835.40
-Futures on the Dow Jones Industrial Average dropped 0.243% to 16454
-Futures on the NASDAQ 100 dropped 0.342% to 3571.50 . As of 06:08 a.m. ET
Investors will be looking to the U.S. government Thursday morning as it is set to release its weekly report on initial jobless claims at 8:30 a.m. ET. At 10:00, the Institute for Supply Management (ISM) will release its monthly manufacturing index, while the Census Bureau will release data on construction spending.
Shares in Fiat were rising by 13% in Milan, Italy, after the automaker announced Wednesday it was buying full control of Chrysler .
U.S. stocks closed higher Tuesday, which was the final trading session of 2013, with another record close for the S&P 500 and the Dow.
The Dow was up 26% and the S&P 500 gained more than 29% over 2013. The NASDAQ has surged nearly 40%, to highs not seen since 2000.
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